Health Advance Inc (HADV)

[TheCBDMan]

Health Advance Inc ($HADV) Relative Strength Under the Microscope

Relative strength is a momentum-investing technique that compares the performance of an asset to the overall market. Using specific calculations, traders and investors can target the healthiest performers as compared to the market, creating investment recommendations. Relative strength says that a stock whose price has been rising will continue on that trend. Investors using relative strength always have entry and exit strategies.

Traders and investors using this technique try to buy securities that are showing signs of strength and then selling them as soon as they begin to appear weak. Relative strength can also be applied to more complex strategies. Investors use relative strength identify top performers within a group of potential investments, comparing the performance of each security directly to another security or to a specific benchmark index, such as the S&P 500. Health Advance Inc (HADV)’s 9-Day Relative Strength is 55.75% and its 14-Day Relative Strength is 52.26%. Taking a longer view back, its 20-Day Relative Strength is 49.38% and its 50-Day Relative Strength is 49.38% and, finally, its 100-Day Relative Strength is 49.90%.


Source: https://nlrnews.com/health-advance-inc-hadv-relative-strength-under-the-microscope/138754/