The Relative Strength (RS) Rating for Seagate Technology entered a new percentile Wednesday, with an increase from 76 to 81.
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This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
Seagate Technology is building a consolidation with a 115.32 entry. See if it can clear the breakout price in heavy trading.
Seagate Technology posted 476% EPS growth in its most recent report, while sales growth came in at 31%.
The company earns the No. 1 rank among its peers in the Computer Software-Storage industry group. Western Digital and Penguin Solutions are also among the group's highest-rated stocks.
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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