In a welcome move, White Mountains Insurance saw its Relative Strength Rating rise from 65 to 74 on Friday.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
History reveals that the best stocks often have an 80 or better RS Rating as they begin their largest price moves. See if White Mountains Insurance can continue to rebound and hit that benchmark.
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White Mountains Insurance is still inside a buying range after clearing a 1,951.30 buy point in a double bottom. Once a stock moves 5% or higher beyond the initial entry, it's considered extended and out of buy range.
Earnings growth picked up last quarter from 0% to 658%. But revenue gains fell from 61% to -51%. The next quarterly results are expected on or around Feb. 7.
White Mountains Insurance holds the No. 25 rank among its peers in the Insurance-Property/Casualty/Title industry group. Skyward Specialty Ins, Kinsale Capital Group and Goosehead Insurance Cl A are among the top 5 highly rated stocks within the group.
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