Silgan Holdings saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, rising from 70 to 79.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Silgan Holdings can continue to show renewed price strength and clear that threshold.
Silgan Holdings is working on a consolidation with a 58.14 buy point. See if the stock can break out in heavy trading.
Silgan Holdings saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 4% to 35%. Revenue rose from -3% to 5%. The company is expected to report its latest performance numbers on or around Apr. 30.
Silgan Holdings holds the No. 1 rank among its peers in the Containers/Packaging industry group. Silgan Holdings and Crown Holdings 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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