In a welcome move, Eaton Corp. PLC saw its Relative Strength Rating rise from 70 to 76 on Friday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Eaton Corp. PLC can continue to rebound and hit that benchmark.
Eaton Corp. PLC is trying to complete a cup with handle with a 333.98 buy point. See if the stock can break out in volume at least 40% above average.
Top and bottom line growth moved higher last quarter. Earnings were up 13%, compared to 11% in the prior report. Revenue increased from 5% to 7%.
Eaton Corp. PLC holds the No. 5 rank among its peers in the Electrical Power/Equipment industry group. Vertiv Holdings 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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