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Match Group Stock Earns Relative Strength Rating Upgrade; Hits Key Threshold

Match Group (MTCH) stock saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 72 to 81.

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

This proprietary 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.

Over 100 years of market history shows that the market’s biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.


See How IBD Helps You Make More Money In Stocks


Is Match Group Stock A Buy?

Match Group stock is trying to complete a consolidation with a 174.78 entry. See if the stock can clear the breakout price in volume at least 40% above average. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips. Also, check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”

 

Earnings growth slowed last quarter from -7% to -15%. But revenue moved higher, from 23% to 27%.

Match Group stock holds the No. 9 rank among its peers in the Internet-Content industry group. Alphabet (GOOG) and Alphabet (GOOGL) are also among the group’s highest-rated stocks.

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