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Stocks To Watch: Builders Firstsource Sees Relative Strength Rating Rise To 83

Stocks To Watch: Builders Firstsource Sees Relative Strength Rating Rise To 83

Builders Firstsource had its Relative Strength (RS) Rating upgraded from 70 to 83 Thursday. This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against that of all other stocks. Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.