On Monday, CACI International Cl A hit an important technical milestone, with its Relative Strength (RS) Rating entering into the 80-plus percentile with an improvement to 82, an increase from 76 the day before.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves.
CACI International Cl A is now considered extended and out of buy range after clearing a 432.03 buy point in a second-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company posted 9% EPS growth last quarter. Sales increased 12%.
The company earns the No. 11 rank among its peers in the Computer-Technical Services industry group. Dave, IBEX and TSS 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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