Markets

Hilton Worldwide Reaches 80-Plus Relative Strength Rating Benchmark

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Hilton Worldwide ( HLT ) had its Relative Strength ( RS ) Rating upgraded from 77 to 87 Monday.

[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's proprietary rating identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves.

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Hilton Worldwide has climbed more than 5% past a 67.89 entry in a first-stage cup without handle , meaning it's now out of a proper buy range. 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 grew 93% last quarter, up from 79% in the prior report. Revenue also increased, from 20% to 26%.

The company earns the No. 4 rank among its peers in the Leisure-Lodging industry group. China Lodging ( HTHT ) is the No. 1-ranked stock 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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