The Relative Strength (RS) Rating for INVESCO moved up into a new percentile Tuesday, as it got a lift from 68 to 74.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they launch their largest price moves. See if INVESCO can continue to rebound and hit that benchmark.
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INVESCO is now considered extended and out of buy range after clearing a 17.49 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
EPS growth dropped last quarter from 39% to 26%, but revenue rose from 3% to 5%.
INVESCO earns the No. 35 rank among its peers in the Finance-Investment Management industry group. Blue Owl Capital, P10 and KKR are among the top 5 highly rated stocks within the group.
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