Healthcare Services IPO Agiliti Stock Sees Improved Relative Strength

On Friday, Agiliti (AGTI) earned a positive adjustment to its Relative Strength (RS) Rating, from 68 to 73.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s unique RS Rating identifies technical performance by showing how a stock’s price movement over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research reveals that the best stocks typically have an RS Rating of at least 80 as they launch their largest price moves. See if Agiliti can continue to show renewed price strength and clear that threshold.

Looking For Winning Stocks? Try This Simple Routine

Agiliti stock broke out of a first-stage ipo base back in May, running up to a 52-week high of 26.36. Since then, the healthcare services stock has pulled back into a consolidation, meaning it’s now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

Earnings growth rose last quarter from 0% to 525%. But sales fell from 36% to 31%.

The healthcare services stock holds the No. 9 rank among its peers in the Medical-Services industry group. Joint (JYNT) and Quest Diagnostics (DGX) are also among the group’s highest-rated stocks.


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