The Relative Strength (RS) Rating for Axcelis Technologies moved into a new percentile Friday, as it got a lift from 62 to 71.
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This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of above 80 in the early stages of their moves. See if Axcelis Technologies can continue to rebound and clear that threshold.
While the stock is not near a proper buy point right now, see if it goes on to form and break out from a proper chart pattern.
Axcelis Technologies showed -35% EPS growth in the latest quarterly report. Sales rose -24%.
The company earns the No. 13 rank among its peers in the Electronics-Semiconductor Equipment industry group. Lam Research, Advanced Energy Inds and Nova 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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