On Tuesday, United Airlines (UAL) hit a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 91, up from 88 the day before.
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IBD’s unique rating identifies price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market’s biggest winners often have an 80 or higher RS Rating as they begin their largest runs.
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United Airlines is building a cup without handle with a 58.23 entry. See if it can break out in heavy trade.
The company reported 0% earnings growth in its most recent report, while sales growth came in at 10%.
The company holds the No. 3 rank among its peers in the Transportation-Airline industry group. Skywest (SKYW) is the No. 1-ranked stock within the…