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Herbalife Trying To Close In On Key Technical Measure

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On Wednesday, Herbalife ( HLF ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 65 to 72.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.

History reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they launch their largest runs. See if Herbalife can continue to rebound and clear that threshold.

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Herbalife is building a consolidation with a 79.74 buy point . See if the stock can break out in heavy volume.

Earnings-per-share growth fell in the company's latest report from 17% to -32%, but the top line rose from -5% to -3%.

The company holds the No. 16 rank among its peers in the Cosmetics/Personal Care industry group. Estee Lauder ( EL ), Flavors & Fragrance ( IFF ) and Nutrisystem ( NTRI ) 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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