Seagate Technology stock had its Relative Strength (RS) Rating upgraded from 74 to 81 Friday.
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IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest runs.
Is Seagate Technology Stock A Buy?
Seagate Technology stock is trying to complete a consolidation with a 115.32 entry. See if the tech stock can break out in heavy volume.
The data storage company reported 476% earnings growth last quarter, while sales growth came in at 31%.
Seagate Technology stock holds the No. 1 rank among its peers in the Computer Software-Storage industry group. Western Digital and Micron Technology are also among the group's highest-rated stocks.
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