One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Standex International cleared that benchmark Thursday, with a jump from 76 to 83 Thursday.
Hone Your Stock-Picking Skills By Focusing On These Factors
This proprietary rating tracks 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 shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.
Standex International is working on a cup without handle with a 212.66 entry. See if the stock can clear the breakout price in volume at least 40% above average.
In terms of fundamental health, the company has posted three quarters of accelerating earnings growth. Top line growth has also increased during the same period.
Standex International holds the No. 1 rank among its peers in the Machinery-General Industrial industry group. ESCO Technologies and Standex International 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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