Hewlett Packard Ent saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 69 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
Decades of market research shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest price moves. See if Hewlett Packard Ent can continue to rebound and hit that benchmark.
Hewlett Packard Ent is not currently offering a proper buying opportunity. See if the stock goes on to form a sound pattern that could launch a new move.
The company showed -10% EPS growth in the latest quarterly report. Sales rose 6%. Keep an eye out for the company's next round of numbers on or around Sep. 2.
Hewlett Packard Ent earns the No. 14 rank among its peers in the Computer-Technical Services industry group. TSS, RCM Technologies and IBEX 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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