In a welcome move, Hyatt Hotels saw its Relative Strength Rating rise from 70 to 77 on Monday.
This unique rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an 80 or higher RS Rating as they begin their biggest price moves. See if Hyatt Hotels can continue to show renewed price strength and clear that threshold.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a chart pattern and break out.
Regarding top and bottom line numbers, Hyatt Hotels has posted rising EPS growth over the last two quarters. Top line growth has been less impressive, coming in at 0% in the latest report. Hyatt Hotels is expected to report its next quarterly numbers on or around Oct. 31.
The company holds the No. 6 rank among its peers in the Leisure-Lodging industry group. Atour Lifestyle Hldgs ADR, Wyndham Hotels & Resorts and Marriott International are among the top 5 highly rated stocks within the group.
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