On Wednesday, Logitech International earned an upgrade to its Relative Strength (RS) Rating, from 69 to 77.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Logitech International can continue to show renewed price strength and hit that benchmark.
Logitech International has risen more than 5% past an 88.42 entry in a first-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
Logitech International saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -6% to 12%. Revenue rose from 0% to 5%.
Logitech International holds the No. 2 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer 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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