One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Arm Holdings ADR now clears that threshold, with a jump from 80 to 85 Wednesday.
This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to 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 north of 80 as they launch their biggest price moves.
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Arm Holdings ADR is building a cup with handle with a 164.16 entry. See if it can clear the breakout price in heavy trading.
Arm Holdings ADR posted -19% earnings growth in its most recent report, while sales growth came in at 5%. The next quarterly results are expected on or around Feb. 5.
The company earns the No. 7 rank among its peers in the Electronics-Semiconductor Fabless industry group. Broadcom, NVIDIA and Astera Labs are among the top 5 highly rated stocks within the group.
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