Relative price strength

From Wikipedia, the free encyclopedia

This article lacks information on the notability of the subject matter. Please help improve this article by providing context for a general audience, especially in the lead section. (June 2007)

The relative price strength is an index designed to measure the price of stock over the past 12 months in comparison to the rest of the market based on the S&P 500 or the TSE 300 over a set period of time. ^[1] For example, a stock with an RS of 90 has outperformed 90% of publicly traded companies the past year. ^[2] Ratings run from 1-99, with 99 being considered the best for inclusion in the CAN SLIM schema.^[3]

[edit] References

1. ^ L is for Leaders.
2. ^ Craig Shaw (May 11, 2004). Use Relative Strength Rating To Track Outperformers.
3. ^ Yahoo Finance (May 16, 2007). 10 Top-Rated Large-Cap Stocks.