IBD Rating Upgrades: RLI Shows Improved Relative Price Strength

The Relative Strength (RS) Rating for RLI (RLI) climbed into a new percentile Tuesday, as it got a lift from 69 to 72.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock’s price performance over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if RLI can continue to show renewed price strength and clear that threshold.

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RLI is working on a consolidation with a 117.94 buy point. See if it can break out in volume at least 40% above average.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 42% to 55%. Revenue rose from 0% to 3%. The next quarterly results are expected on or around Jan. 27.

RLI earns the No. 10 rank among its peers in the Insurance-Property/Casualty/Title industry group. Stewart Information Services (STC) and Fidelity National Finl (FNF) are also among the group’s highest-rated stocks.


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