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Orange Shows Rising Price Performance With Jump To 83 RS Rating

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Orange (ORAN) cleared that benchmark Thursday, with a jump from 80 to 83 Thursday.




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As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

This exclusive rating from Investor’s Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest price moves.


Looking For The Best Stocks To Buy And Watch? Start Here


Orange is building a saucer with handle with a 12.66 buy point. See if it can clear the breakout price in heavy trading.

Orange reported negative growth for both the top and bottom lines last quarter. The company is expected to report its next quarterly numbers on or around Apr. 28.

The company holds the No. 18 rank among its peers in the Telecom Services-Foreign industry group. Telefonica Brasil S.A. (VIV) and America Movil (AMOV) are also among the group’s highest-rated stocks.

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