The Relative Strength (RS) Rating for Hewlett Packard Ent moved up into a higher percentile Tuesday, as it got a lift from 65 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Hewlett Packard Ent can continue to show renewed price strength and hit that benchmark.
While Hewlett Packard Ent is not near a proper buy zone right now, see if it manages to form and break out of a proper chart pattern.
The company reported -10% EPS growth last quarter. Revenue increased 6%.
The company earns the No. 17 rank among its peers in the Computer-Technical Services industry group. RCM Technologies, TSS and IBEX 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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