Tecnoglass saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 70 to 73.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 as they launch their largest price moves. See if Tecnoglass can continue to show renewed price strength and clear that threshold.
Tecnoglass is not currently near a potential buy zone. See if the stock goes on to form a sound pattern that could ignite a new run.
Earnings growth increased last quarter from 31% to 39%. But sales fell from 23% to 15%. The company is expected to report its latest performance numbers on or around Aug. 7.
Tecnoglass holds the No. 4 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Acuity is the No. 1-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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