Axsome Therapeutics stock had its Relative Strength (RS) Rating upgraded from 79 to 82 Tuesday.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks tend to have an 80 or higher RS Rating as they launch their biggest runs.
Is Axsome Therapeutics Stock A Buy?
Axsome Therapeutics stock is trying to complete a cup without handle with a 139.13 buy point. See if the biotech stock can clear the breakout price in heavy trading. Keep in mind that it's a later-stage consolidation, and those are riskier than earlier-stage patterns.
The biotech firm posted 0% earnings growth in its most recent report, while sales growth came in at 72%.
Axsome Therapeutics stock holds the No. 81 rank among its peers in the Medical-Biomed/Biotech industry group. Aurinia Pharmaceuticals, Halozyme Therapeutics and Rigel Pharmaceuticals are among the top 5 highly rated stocks within the group. For more industry news, check out "Biotech And Pharmaceutical Industry And Stock News."
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