The Relative Strength (RS) Rating for Trimble entered a higher percentile Thursday, as it got a lift from 69 to 75.
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This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matched up against all other stocks.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they launch their biggest runs. See if Trimble can continue to show renewed price strength and clear that threshold.
Trimble is working on a consolidation with a 77.78 buy point. See if it can break out in volume at least 40% above average.
Trimble posted negative growth for both sales and earnings last quarter.
Trimble earns the No. 3 rank among its peers in the Electronics-Miscellaneous Products industry group. InterDigital 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.
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