Autoliv saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 62 to 74.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves. See if Autoliv can continue to rebound and hit that benchmark.
Autoliv is trying to complete a cup without handle with a 129.38 entry. See if it can clear the breakout price in heavy trading.
Earnings grew 36% last quarter, up from -18% in the prior report. Revenue also increased, from -5% to -1%.
The company earns the No. 6 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Strattec Security and Ouster Cl A 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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