On Monday, BlackSky Technology got a positive adjustment to its Relative Strength (RS) Rating, from 75 to 81.
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an 80 or higher RS Rating as they begin their biggest runs.
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While now is not an ideal time to jump in, see if the stock is able to form a base and break out.
BlackSky Technology showed 0% earnings growth last quarter. Sales rose 6%.
BlackSky Technology holds the No. 5 rank among its peers in the Telecom Services-Cable/Satellite industry group. Comcast Cl A is the top-ranked stock within the group.
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