In a welcome move, Roper Technologies saw its Relative Strength Rating improve from 70 to 74 on Monday.
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This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Decades of market research reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Roper Technologies can continue to rebound and hit that benchmark.
Roper Technologies is working on a flat base with a 595.17 buy point. See if it can break out in heavy trading.
Roper Technologies showed 8% earnings growth in the latest quarterly report. Revenue rose 12%.
Roper Technologies earns the No. 2 rank among its peers in the Diversified Operations industry group. Crane 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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