Market charts plus calculator
Markets

Stocks To Watch: AMN Healthcare Services Sees RS Rating Rise To 82

Market charts plus calculator

Shutterstock photo

One important metric to look for in a stock is an 80 or higher Relative Strength Rating . AMN Healthcare Services ( AMN ) just hit that mark, with a jump from 79 to 82 Friday.

[ibd-display-video id=2881825 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.

History reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

AMN Healthcare Services has climbed more than 5% past a 46.70 entry in a second-stage consolidation , meaning it's now out of a proper buy range. 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.

Earnings growth fell in the company's most recent report from 10% to 2%, but revenue rose from 3% to 5%.

AMN Healthcare Services holds the No. 3 rank among its peers in the Commercial Services-Staffing industry group. Fifty One Job ( JOBS ) is the top-ranked stock within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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.

In This Story

AMN JOBS

Other Topics

Stocks

Latest Markets Videos