Intuitive Machines Cl A had its Relative Strength (RS) Rating upgraded from 90 to 96 Wednesday.
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IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 at the beginning of a new run.
Intuitive Machines Cl A is now considered extended and out of buy range after clearing a 9.85 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Intuitive Machines Cl A posted 0% EPS growth in its most recent report, while sales growth came in at -15%.
The company holds the No. 45 rank among its peers in the Aerospace/Defense industry group. Astronics, Espey Mfg & Elec and Heico 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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