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Sabre Shows Improved Relative Strength; Still Shy Of Benchmark

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On Friday, Sabre ( SABR ) got an upgrade to its Relative Strength ( RS ) Rating , from 66 to 78.

[ibd-display-video id=2385970 width=50 float=left autostart=true] This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to the rest of the market.

History shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest price moves. See if Sabre can continue to show renewed price strength and clear that threshold.

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Sabre has climbed more than 5% past a 21.39 entry in a first-stage consolidation , meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Sabre reported 19% EPS growth in the latest quarterly report, while sales growth came in at 6%.

Sabre holds the No. 1 rank among its peers in the Leisure-Travel Booking industry group. Liberty Expedia ( LEXEB ) and Priceline ( PCLN ) are also among the group's highest-rated stocks.

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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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