The Relative Strength (RS) Rating for Hyatt Hotels moved up into a new percentile Thursday, as it got a lift from 62 to 74.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Hyatt Hotels can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Hyatt Hotels is trying to complete a flat base with a 160.36 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
The company posted 27% earnings growth in its most recent report. Sales rose 0%.
Hyatt Hotels earns the No. 8 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.
RELATED:
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
