The Relative Strength (RS) Rating for Synaptics stock entered a new percentile Friday, as it got a lift from 61 to 73.
This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Synaptics stock can continue to rebound and hit that benchmark.
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Is Synaptics Stock A Buy?
Synaptics stock is trying to complete a consolidation with a 121.37 buy point. See if the chipmaker can break out in heavy trade.
Although earnings and sales growth came in at -74% and -33%, respectively, in the latest report, that marked two straight quarters of acceleration for earnings and two for sales.
Synaptics stock earns the No. 10 rank among its peers in the Electronics-Miscellaneous Products industry group. Trimble, AstroNova and InterDigital are among the top 5 highly rated stocks within the group.
