Silicon Motion Tech ADR saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 79 to 83.
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This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating of at least 80 as they launch their biggest runs.
Silicon Motion Tech ADR is not currently near a potential buying area. See if the stock goes on to form a chart pattern that could launch a new move.
Silicon Motion Tech ADR posted -6% EPS growth last quarter, while sales growth came in at -12%.
Silicon Motion Tech ADR holds the No. 6 rank among its peers in the Computer Software-Storage industry group. Seagate Technology, Western Digital and Micron Technology 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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