Atmus Filtration Techs had its Relative Strength (RS) Rating upgraded from 68 to 72 Tuesday — a welcome improvement, but still below the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Atmus Filtration Techs can continue to rebound and clear that threshold.
Atmus Filtration Techs is working on a consolidation with a 45.43 buy point. See if the stock can break out in heavy trade. Keep in mind that it's a later-stage consolidation, and those are riskier than earlier-stage patterns.
The company reported 5% earnings growth in its most recent report. Revenue gains came in at -2%.
The company earns the No. 9 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Strattec Security and Allison Transmission 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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