Lindsay had its Relative Strength (RS) Rating upgraded from 66 to 71 Thursday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of at least 80 in the early stages of their moves. See if Lindsay can continue to show renewed price strength and clear that threshold.
Lindsay is trying to complete a cup without handle with a 150.96 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Lindsay reported -4% earnings growth last quarter. Revenue increased 22%.
The company holds the No. 1 rank among its peers in the Machinery-Farm industry group. Alamo Group and Deere are also among the group's highest-rated stocks.
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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