BlackSky Technology saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 83 to 93.
How To Use Stock Charts To Stay Profitable And Protected
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against the rest of the market.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they begin their largest runs.
BlackSky Technology is not currently offering a proper buying opportunity. See if the stock goes on to form a sound pattern that could launch a new move.
The company showed 0% EPS growth in the latest quarterly report, while sales growth came in at 22%.
The company holds the No. 4 rank among its peers in the Telecom Services-Cable/Satellite industry group. Sunrise Comms ADR is the No. 1-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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