Leaders, continued
Key Points To Remember
- Relative Price Strength Rating measures a stock's price move over the last 12 months compared to all other stocks. Relative Strength is rated on a scale of 1 to 99, with 99 being the highest.
- Look for stocks with an RS Rating of 80 or higher. The better-performing stocks tend to go higher, while the lagging stocks tend to lag even more.
- The Relative Strength line helps confirm a stock's upward price movement. You want to see the RS line moving in a strong uptrend.
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Related Resources:
Click here to get the 7 Steps For Selecting Winning Stocks, according to the CAN SLIMTM Investment Research Tool.
Go to the Investor's Corner Archives to read IBD's "editor picks" of classic Investor's Corner columns.
Search our archive of Ask Bill O'Neil Q & A's organized by topic.
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