Dana had its Relative Strength (RS) Rating upgraded from 88 to 91 Wednesday.
How To Use Stock Charts To Stay Profitable And Protected
IBD's proprietary rating tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an RS Rating north of 80 at the beginning of a new run.
Dana is not currently showing a potential buy point. See if the stock goes on to form a chart pattern that could kick off a new price move.
Dana reported negative growth for both sales and earnings last quarter.
The company earns the No. 17 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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