Aflac Stock Earns Relative Strength Rating Upgrade; Hits Key Benchmark

Aflac sees its Relative Strength Rating enter the 80-plus level, meaning it has outperformed 80% of stocks.

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Jun 7, 2023 • 1 min read

Focus on stocks with a rising relative price strength when looking for stocks to watch and buy.

Aflac's (AFL) stock is one example. Its Relative Strength Rating (RS) was upgraded Friday from 72 to 85.

Relative price strength is a factor to consider when deciding which stocks to purchase and monitor.

IBD's proprietary RS rating measures technical performance using a score ranging from 1 (worst), to 99 (best), which identifies the price performance of a stock over the past 52 weeks compared with that of other stocks.

The market's largest winners have a RS Rating of 80 or higher when they start their biggest price movements.

Are you looking for winning stocks? Use This Simple Routine

Aflac is undergoing a consolidation, with a buy point of 74.11. Check if Aflac stock can clear its breakout price during heavy trading. You can read "Looking for the Next Big Stock Market Winners?" For more information, read "Start With These Three Steps".

The company's revenue grew -7% last quarter, compared to -26% the previous report.

Aflac is ranked No. 2 among its peers in the Insurance-Accident & Healthcare industry group. Aflac is ranked No. 2 amongst its peers within the Insurance-Accident & Healthcare Industry Group. Aflac (AFL), CNO Financial Group, and CNO Financial Group are among the highest-rated stocks in this group.

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