Aptiv saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 61 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 as they begin their largest runs. See if Aptiv can continue to show renewed price strength and hit that benchmark.
Aptiv is trying to complete a flat base with a 73.00 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
While earnings-per-share growth decreased last quarter from 46% to 34%, sales grew 3%, up from -2% in the previous report.
The company earns the No. 12 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Strattec Security and Visteon 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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