In a welcome move, LPL Financial Holdings saw its Relative Strength Rating improve from 69 to 72 on Thursday.
This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating of over 80 as they launch their largest price moves. See if LPL Financial Holdings can continue to show renewed price strength and hit that benchmark.
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LPL Financial Holdings is working on a cup without handle with a 289.88 entry. See if the stock can break out in heavy volume.
In terms of top and bottom line numbers, LPL Financial Holdings has posted rising EPS growth over the last three quarters. Sales growth has also increased during the same period.
The company earns the No. 15 rank among its peers in the Finance-Investment Banking/Brokers industry group. Stifel Financial, Freedom Holding and Houlihan Lokey Cl A are among the top 5 highly rated stocks within the group.
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