Banking

Booking Getting Closer To Key Technical Benchmark

Booking (BKNG) saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 62 to 71.




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

IBD’s unique rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating of at least 80 as they begin their biggest runs. See if Booking can continue to rebound and clear that threshold.


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Booking is trying to complete a consolidation with a 2,516.10 entry. See if it can break out in heavy volume.

Booking saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 76%. Revenue rose from -50% to 243%.

Booking earns the No. 1 rank among its peers in the Leisure-Travel Booking industry group.

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