On Friday, Acuren got an upgrade to its Relative Strength (RS) Rating, from 78 to 82.
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IBD's unique rating identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
While the stock is not near an ideal buy zone right now, see if it goes on to form and break out of a proper chart pattern.
The company posted 0% earnings growth in its most recent report. Revenue gains came in at 2%.
Acuren holds the No. 19 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Armstrong Wrld Ind, Acuity and LSI Industries are among the top 5 highly rated stocks 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.
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