Advanced Energy Inds saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 66 to 75.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest climbs. See if Advanced Energy Inds can continue to show renewed price strength and hit that benchmark.
Advanced Energy Inds is working on a cup without handle with a 132.16 buy point. See if the stock can break out in heavy trading.
In terms of fundamentals, the company has posted two quarters of increasing earnings growth. Revenue growth has also moved higher during the same period.
The company holds the No. 3 rank among its peers in the Electronics-Semiconductor Equipment industry group. Nova is the top-ranked stock 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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