NVR saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 67 to 71.
IBD's proprietary rating measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if NVR can continue to rebound and clear that threshold.
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NVR is building a flat base with a 9,964.77 entry. See if the stock can break out in volume at least 40% higher than normal. Keep in mind that it's a later-stage consolidation, and those entail more risk.
NVR posted 4% EPS growth in its most recent report. Sales increased 7%.
The company earns the No. 6 rank among its peers in the Building-Residential/Commercial industry group. Green Brick Partners, M/I Homes and Toll Brothers are among the top 5 highly rated stocks within the group.
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