The Relative Strength (RS) Rating for S&P Global moved into a new percentile Monday, as it got a lift from 68 to 71.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
History reveals that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest price moves. See if S&P Global can continue to show renewed price strength and clear that threshold.
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While S&P Global is not near an ideal buying range right now, see if it manages to form and break out of a proper base.
The company showed 20% EPS growth in the latest quarterly report, while sales growth came in at 14%.
S&P Global holds the No. 3 rank among its peers in the Commercial Services-Market Research industry group. Verisk Analytics is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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