The Relative Strength (RS) Rating for United Parcel Service stock moved into a higher percentile Wednesday, as it got a lift from 63 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if United Parcel Service stock can continue to show renewed price strength and clear that threshold.
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Is United Parcel Service Stock A Buy?
United Parcel Service stock is trying to complete a consolidation with a 224.07 buy point. See if it can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The transportation air freight company posted 1% EPS growth in its most recent report. Revenue increased -3%.
United Parcel Service stock B holds the No. 1 rank among its peers in the Transportation-Air Freight industry group.
