Dana saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 71 to 84.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of above 80 as they begin their biggest price moves.
While now is not an ideal time to buy shares, see if the stock manages to form a consolidation and break out.
Dana reported negative growth for both sales and earnings last quarter.
Dana holds the No. 8 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Atmus Filtration Techs and Strattec Security 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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