In a welcome move, Camtek saw its Relative Strength Rating rise from 68 to 76 on Monday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 in the early stages of their moves. See if Camtek can continue to show renewed price strength and hit that benchmark.
While the stock is not near a proper entry right now, see if it is able to form and break out from a proper chart pattern.
Camtek showed 25% EPS growth in its most recent report, while sales growth came in at 22%. The company is expected to report its latest numbers on or around Jul. 30.
The company earns the No. 2 rank among its peers in the Electronics-Scientific Measuring industry group. Itron is the top-ranked stock 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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