One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Curtiss-Wright just hit that mark, with a jump from 78 to 81 Friday.
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This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against that of all other stocks.
Over 100 years of market history reveals that the best-performing stocks tend to have an 80 or better RS Rating as they launch their biggest climbs.
Curtiss-Wright is trying to complete a consolidation with a 393.40 buy point. See if the stock can break out in volume at least 40% higher than normal.
The company showed 3% earnings growth in its most recent report. Revenue gains came in at 5%. The company is expected to report its latest earnings and sales numbers on or around May 7.
The company earns the No. 16 rank among its peers in the Aerospace/Defense industry group. Elbit Systems, Espey Mfg & Elec and Heico 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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