One important metric to look for in a stock is an 80 or higher Relative Strength Rating. PHINIA now clears that threshold, with a jump from 67 to 81 Monday.
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This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest climbs.
PHINIA is trying to complete a consolidation with a 57.23 entry. See if it can break out in volume at least 40% above average.
PHINIA saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -13% to 44%. Revenue rose from -8% to 3%.
The company holds the No. 11 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Strattec Security and Visteon 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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