SMART Global Holdings stock had its Relative Strength (RS) Rating upgraded from 69 to 80 Monday.
This unique 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.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 as they begin their biggest runs.
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Is SMART Global Holdings Stock A Buy?
SMART Global Holdings stock is trying to complete a consolidation with a 23.29 buy point. See if the data storage stock can break out in heavy volume.
The data storage company reported negative growth for both sales and earnings last quarter. SMART Global Holdings is expected to report its next quarterly numbers on or around Apr. 2.
SMART Global Holdings stock earns the No. 6 rank among its peers in the Computer Software-Storage industry group. NetApp, Pure Storage Cl A and Backblaze are among the top 5 highly rated stocks within the group.
