Motorola Solutions saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 78 to 82.
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IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.
Motorola Solutions is trying to complete a consolidation with a 507.82 entry. See if the stock can break out in heavy trade.
The company showed 4% earnings growth in its most recent report, while sales growth came in at 6%. The company is expected to report its latest results on or around May 1.
The company holds the No. 2 rank among its peers in the Telecom-Consumer Products industry group. BK Technologies 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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