On Tuesday, Unilever ADR earned a positive adjustment to its Relative Strength (RS) Rating, from 74 to 82.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.
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Unilever ADR is working on a consolidation with a 65.87 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Unilever ADR reported 4% earnings growth in its most recent report, while sales growth came in at -5%.
Unilever ADR earns the No. 4 rank among its peers in the Food-Packaged industry group. Nomad Foods is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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