The Relative Strength (RS) Rating for SiTime entered a new percentile Wednesday, with an increase from 80 to 86.
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This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 as they launch their biggest climbs.
SiTime is working on a consolidation with a 243.35 entry. See if it can clear the breakout price in heavy trade.
While the company's top line growth fell last quarter from 83% to 58%, EPS grew 292%, up from 0% in the prior report.
The company holds the No. 6 rank among its peers in the Electronics-Semiconductor Fabless industry group. Astera Labs, Broadcom and Credo Tech Group 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.
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