Stocks Flashing Renewed Technical Strength: Laureate Education

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Laureate Education (LAUR) cleared that benchmark Friday, with a jump from 79 to 83 Friday.

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

This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock’s price action over the last 52 weeks matches up against that of all other stocks.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating in the early stages of their moves.

Looking For Winning Stocks? Try This Simple Routine

Laureate Education has moved more than 5% past a 15.80 entry in a first-stage cup without handle, meaning it’s now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.

Earnings growth dropped in the company’s most recent report from 0% to -1,100%, but sales rose from 1% to 8%. Keep an eye out for the company’s next round of numbers on or around Nov. 5.

The company earns the No. 12 rank among its peers in the Consumer Services-Education industry group. Stride Inc (LRN) and Powerschool Hldg Cl A (PWSC) are also among the group’s highest-rated stocks.


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