Toll Brothers Gets RS Rating Upgrade, Works On A Base

The Relative Strength (RS) Rating for Toll Brothers (TOL) climbed into a new percentile Thursday, as it got a lift from 68 to 73. Toll Brothers stock is working on a cup-without-handle base with a 68.98 entry. See if the stock can break out in volume at least 40% higher than normal.


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

IBD’s proprietary rating identifies share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock’s price performance over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research shows that the best-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Toll Brothers stock can continue to show renewed price strength and clear that threshold.

Looking For Winning Stocks? Try This Simple Routine


Toll Brothers Stock Reports Strong Earnings, Sales

Earnings grew 108% last quarter, up from 71% in the prior report. Revenue also increased, from 25% to 37%.

Toll Brothers holds the No. 11 rank among its peers in the Building-Residential/Commercial industry group. Green Brick Partners (GRBK) and MI Homes (MHO) are also among the group’s highest-rated stocks.


Join IBD Live And Learn Top Chart-Reading And Trading Techniques From The Pros
MarketSmith’s Tools Can Help The Individual Investor
Profit From Short-Term Trends With SwingTrader
Get Timely Buy & Sell Alerts With IBD Leaderboard
Find The Best Long-Term Investments With IBD Long-Term Leaders


Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button