On Wednesday, Carlyle Group (CG) earned an upgrade to its Relative Strength (RS) Rating, from 77 to 82.
↑X NOW PLAYINGDo Your Stocks Meet This Key Standard? Here's Why Institutional Support Matters This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks typically have an RS Rating of over 80 in the early stages of their moves.
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Carlyle Group is working on a consolidation with a 48.52 buy point. See if the stock can break out in volume at least 40% above average.
The company 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 Jul. 25.
Carlyle Group holds the No. 78 rank among its peers in the Finance-Investment Management industry group. StepStone Group (STEP), WisdomTree (WT) and Hamilton Lane Cl A (HLNE) are among the top 5 highly rated stocks within the group.
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