Liberty Media Earns RS Rating Upgrade

Liberty Media (LSXMK) saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 67 to 74.

As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock’s price action over the trailing 52 weeks compares to the rest of the market.

Decades of market research shows that the top-performing stocks often have an RS Rating north of 80 as they begin their largest price moves. See if Liberty Media can continue to rebound and hit that benchmark.

Looking For Winning Stocks? Try This Simple Routine

Liberty Media broke out earlier, but has fallen back below the prior 50.49 entry from a flat base. In the case where a stock breaks out then falls 7% or more below the entry price, it’s considered a failed breakout. If that happens, it’s best to wait for a new pattern to form. Also keep in mind that the most recent consolidation is a later-stage base, and those involve more risk.

Earnings growth moved up in the company’s most recent report from 0% to 3,267%, but sales fell from 15% to 9%.

Liberty Media earns the No. 6 rank among its peers in the Media-Diversified industry group. Liberty Media Sr A LibSr (FWONA) and Sony Group (SONY) are also among the group’s highest-rated stocks.


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