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.


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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