KLA had its Relative Strength (RS) Rating upgraded from 76 to 81 Wednesday.
Hone Your Stock-Picking Skills By Focusing On These Factors
This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
History reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves.
KLA is working on a consolidation with an 896.32 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
In terms of top and bottom line numbers, KLA has posted six quarters of rising earnings growth. Revenue gains have also risen over the same time frame.
KLA earns the No. 1 rank among its peers in the Electronics-Semiconductor Equipment industry group. ACM Research Cl A and Advanced Energy Inds 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.
RELATED:
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
