In a welcome move, Motorola Solutions stock saw its Relative Strength Rating rise from 66 to 71 on Wednesday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks typically have an 80 or better RS Rating as they launch their biggest climbs. See if Motorola Solutions stock can continue to show renewed price strength and clear that threshold.
Is Motorola Solutions Stock A Buy?
Motorola Solutions stock has been trading below its 50- and 200-day moving averages amid the market selloff. While the telecom issue is currently not in a proper buying range. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight with a market follow-through day.
The public safety telecom company reported 4% EPS growth last quarter, while sales growth came in at 6%. Look for the next report on or around May 1.
Motorola Solutions stock holds the No. 3 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.
