Choice Hotels International Stock Shows Improved Relative Strength; Still Shy Of Benchmark

The Relative Strength (RS) Rating for Choice Hotels International (CHH) stock jumped into a higher percentile Tuesday, as it got a lift from 64 to 73.


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

This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock’s price performance over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history reveals that the market’s biggest winners tend to have an RS Rating of at least 80 as they begin their biggest climbs. See if Choice Hotels International can continue to show renewed price strength and clear that threshold.

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Is Choice Hotels International Stock A Buy?

Choice Hotels International stock broke out earlier, but has fallen back below the prior 123.87 entry from a flat base. If a stock you’re watching breaks past a buy point then declines 7% or more below the original entry price, it’s considered a failed base. It’s best to wait for the stock to form a new pattern and breakout. Also understand that the latest consolidation is a later-stage base, and such bases are more prone to failure.

Regarding top and bottom line numbers, the hotel chain has posted four quarters of increasing earnings growth. Sales growth has also moved higher over the same time frame.

Holds The No. 3 Spot

Choice Hotels International stock holds the No. 3 rank among its peers in the Leisure-Lodging industry group. Wyndham Hotels & Resorts (WH) and Choice Hotels International (CHH) are also among the group’s highest-rated stocks.


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