Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

IBD Rating Upgrades: Camtek Flashes Improved Technical Strength

The Relative Strength (RS) Rating for Camtek moved up into a higher percentile Tuesday, as it got a lift from 70 to 75.

Can You Really Time The Stock Market?

IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the market's biggest winners tend to have an RS Rating of above 80 as they launch their largest runs. See if Camtek can continue to rebound and clear that threshold.

Camtek is not currently showing a potential entry point. See if the stock goes on to form a promising consolidation that could spark a new run.

Camtek posted 20% earnings growth in its most recent report. Sales increased 20%.

The company holds the No. 2 rank among its peers in the Electronics-Scientific Measuring industry group. Itron is the top-ranked stock 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.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.