On Friday, Zillow Group Cl A reached an important technical milestone, with its Relative Strength (RS) Rating climbing into the 90-plus percentile with an upgrade to 91, up from 88 the day before.
IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their biggest runs.
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Zillow Group Cl A is not currently showing a potential buy point. See if the stock goes on to build a base that could spark a new run.
Zillow Group Cl A posted 0% earnings growth in the latest quarterly report. Revenue gains came in at 13%. Look for the next report on or around Nov. 6.
Zillow Group Cl A holds the No. 12 rank among its peers in the Real Estate-Development/Operations industry group. Amrep Corp, CBRE Group and FirstService are among the top 5 highly rated stocks within the group.
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