V2X saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 68 to 73.
Can You Really Time The Stock Market?
IBD's unique RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of at least 80 as they launch their largest runs. See if V2X can continue to rebound and clear that threshold.
V2X is building a cup with handle with a 63.74 entry. See if the stock can clear the breakout price in heavy trade. Keep in mind that it's a later-stage consolidation, and those entail more risk.
V2X reported 60% earnings growth in its most recent report, while sales growth came in at 1%. The next quarterly numbers are expected on or around Nov. 3.
V2X earns the No. 31 rank among its peers in the Aerospace/Defense industry group. Karman Holdings, GE Aerospace and Tat Technologies 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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