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TIM Participacoes Shows Improved Relative Strength; Still Shy Of Benchmark

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In a welcome move, TIM Participacoes ( TSU ) saw its Relative Strength Rating rise from 66 to 75 on Thursday.

[ibd-display-video id=2102289 width=50 float=left autostart=true] This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.

Over 100 years of market history shows that the best stocks often have an RS Rating of over 80 as they launch their largest runs. See if TIM Participacoes can continue to rebound and hit that benchmark.

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TIM Participacoes has risen more than 5% past a 16.91 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 pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Earnings growth fell last quarter from 180% to 50%. But revenue moved higher, from 0% to 8%.

TIM Participacoes holds the No. 4 rank among its peers in the Telecom Services-Foreign industry group. Nortel Inversora ( NTL ) 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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