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America Movil Reaches 80-Plus Relative Strength Rating Benchmark

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America Movil ( AMX ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Thursday, with an upgrade from 75 to 81.

[ibd-display-video id=3105496 width=50 float=left autostart=true] This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.

Over 100 years of market history shows that the best stocks tend to have an 80 or better RS Rating as they launch their biggest price moves.

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America Movil is trying to complete a cup with handle with a 19.42 buy point . See if the stock can clear the breakout price in heavy trade.

The company showed -66% earnings growth last quarter. Revenue rose 3%.

The company earns the No. 10 rank among its peers in the Telecom Services-Foreign industry group. Mobile Telesystems ( MBT ), TIM Participacoes ( TSU ) and Telecom Argent ( TEO ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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