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Lumen Technologies Stock Shows Rising Relative Price Performance; Still Shy Of Key Benchmark

On Thursday, Lumen Technologies (LUMN) got a positive adjustment to its Relative Strength (RS) Rating, from 68 to 72.




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As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

This unique rating identifies market leadership by showing how a stock’s price action over the last 52 weeks compares to that of the other stocks in our database.

Decades of market research reveals that the best stocks often have an RS Rating of above 80 as they begin their biggest price moves. See if Lumen Technologies can continue to rebound and clear that threshold.


Looking For Winning Stocks? Try This Simple Routine


Lumen Technologies stock is building a cup without handle with a 14.73 buy point. See if the stock can break out in volume at least 40% above average. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 

 

The telecom company reported 26% EPS growth in the latest quarterly report, while sales growth came in at -4%. Lumen Technologies has a dividend yield of almost 7%, which may be a good income play for dividend investors.

Lumen Technologies stock holds the No. 4 rank among its peers in the Telecom Servics-Integrated industry group. Charter Communications (CHTR) and Lumen Technologies (LUMN) are also among the group’s highest-rated stocks. For more industry news, check out “Telecom Stocks To Watch And Industry News.”

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