Value Line ranked 1 and 2 stocks for Technical outperformed the S&P 500 in 2021. Value Line’s Rank 1 category returned 45.2% and Rank 2 category returned 34.8% compared to the S&P return of 28.7%.
The Value Line Technical rank uses a proprietary formula to predict short-term (three to six month) future price returns relative to the Value Line universe. It is the result of an analysis that relates price trends of different durations for a stock during the past periods to the relative price changes of the same stock over the succeeding three to six months. The Technical rank ranges from 1 (Highest) to 5 (Lowest) with 1 and 2 indicating a “buy signal”, a 3 indicating a “hold”, and 4 and 5 indicating a “sell signal”.
Technical Rank Historical Performance Table
Technical Rank Historical Performance Graph