This exclusive rating assesses the overall investment performance of a stock, relative to all other publicly-traded companies. Ratings are on a 1-99 scale, with 99 being highest. For example, a Technical Rating of 90 indicates a stock’s overall technical performance has outpaced 90% of the market.
Technical measurements include:
Relative Price Strength Rating
The stock’s current price relative to its 52 week price high
Moving Average trends
Recent and past price and volume activity
Components are not equally weighted.
This rating should not be considered a sole indicator to buy or sell a stock but should be used along with the other Stock Checkup Ratings, as well as price and volume charts.
View more information: https://education.investors.com/financial-dictionary/ibd-terms/technical-rating