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Alliance Laundry Holdings (ALH) had its Relative Strength (RS) Rating upgraded from 68 to 72 Wednesday — a welcome improvement, but still short of the 80 or higher score you prefer to see. IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database. Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Alliance Laundry Holdings can continue to show renewed price strength and clear that threshold. Alliance Laundry Holdings is not currently showing a potential buy point. See if the stock goes on to build a chart pattern that could spark a new run. Alliance Laundry Holdings showed -29% earnings growth in the latest quarterly report, while sales growth came in at 15%. Look for the next report on or around Nov. 13. The company holds the No. 2 rank among its peers in the Soap & Cleaning Preparation industry group. Ecolab (ECL) is the No. 1-ranked stock within the group. This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
