The Relative Strength (RS) Rating for Huntington Ingalls Inds headed into a new percentile Monday, as it got a lift from 69 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if Huntington Ingalls Inds can continue to rebound and hit that benchmark.
Huntington Ingalls Inds broke out earlier, but has fallen back below the prior 238.00 entry from a flat base. If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new base and entry price. Also keep in mind that the most recent pattern is a later-stage base, which makes it riskier to establish a new position or add shares to an existing one.
Although earnings and sales growth came in at -2% and -3%, respectively, in the latest report, that showed improvement for both EPS and revenue.
The company earns the No. 37 rank among its peers in the Aerospace/Defense industry group. Espey Mfg & Elec, Heico and Heico Cl A 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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