On Tuesday, V2X received an upgrade to its Relative Strength (RS) Rating, from 69 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if V2X can continue to rebound and clear that threshold.
V2X is trying to complete a cup with handle with a 63.74 buy point. See if the stock can clear the breakout price in heavy volume. Keep in mind that it's a later-stage consolidation, and those are riskier than earlier-stage patterns.
V2X showed 60% earnings growth in the latest quarterly report. Revenue rose 1%.
The company holds the No. 34 rank among its peers in the Aerospace/Defense industry group. Karman Holdings, GE Aerospace and Tat Technologies are among the top 5 highly rated stocks 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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