Highly Rated CoreLogic Sees Its RS Rating Climb Over 90
On Thursday, CoreLogic reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 94, up from 90 the day before. IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against other publicly traded companies. CoreLogic stock is now considered extended and out of buy range after clearing a 69.97 buy point in a first-stage flat base.