Mirion Technologies had its Relative Strength (RS) Rating upgraded from 86 to 91 Monday.
How To Use Stock Charts To Stay Profitable And Protected
This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best-performing stocks often have an RS Rating north of 80 at the beginning of a new price run.
Mirion Technologies has climbed more than 5% past an 18.81 entry in a second-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth slowed in the most recent report from 67% to 10%. But revenue moved higher, from 5% to 8%.
Mirion Technologies earns the No. 17 rank among its peers in the Machinery-General Industrial industry group. Power Solutions Intl, DXP Enterprises and EVI Industries 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.
RELATED:
Stocks With Rising Relative Strength Ratings
