On Monday, TTM Technologies reached a key performance benchmark, with its Relative Strength (RS) Rating moving into the 90-plus percentile with an improvement to 91, up from 87 the day before.
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This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against all other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest climbs.
TTM Technologies is building a cup without handle with a 30.41 buy point. See if the stock can clear the breakout price in heavy volume.
The relative strength line is currently in new high territory, a promising sign of market leadership.
TTM Technologies showed 79% EPS growth in the latest quarterly report. Revenue rose 14%.
TTM Technologies holds the No. 3 rank among its peers in the Electronics-Contract Manufacturing industry group. Celestica 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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