Fidelity National Finl Gets Relative Strength Rating Upgrade

Fidelity National Finl (FNF) had its Relative Strength (RS) Rating upgraded from 69 to 72 Tuesday — a welcome improvement, but still shy of the 80 or better score you prefer to see.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history shows that the best stocks tend to have an 80 or better RS Rating as they launch their largest runs. See if Fidelity National Finl can continue to rebound and hit that benchmark.

Looking For Winning Stocks? Try This Simple Routine

Fidelity National Finl broke out earlier, but has fallen back below the prior 48.07 entry from a cup without handle. If a stock you’re watching clears a buy point then falls 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 consolidation and breakout. Also understand that the latest pattern is a later-stage base, and those involve more risk.

The company posted 91% EPS growth in the latest quarterly report. Sales rose 59%.

Fidelity National Finl earns the No. 4 rank among its peers in the Insurance-Property/Casualty/Title industry group. Selective Insurance (SIGI) and First American Financial (FAF) are also among the group’s highest-rated stocks.


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