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Stocks Flashing Renewed Technical Strength: Wyndham Worldwide

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On Friday, Wyndham Worldwide ( WYN ) received a positive adjustment to its Relative Strength ( RS ) Rating , from 78 to 82.

[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best stocks typically have an RS Rating of over 80 as they begin their biggest climbs.

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Wyndham Worldwide has moved more than 5% past a 110.84 entry in a first-stage flat base , meaning it's now out of a proper buy range. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Wyndham Worldwide showed 7% EPS growth last quarter. Sales increased 4%.

The company holds the No. 5 rank among its peers in the Leisure-Lodging industry group. China Lodging ( HTHT ) is the top-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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