ViaSat had its Relative Strength (RS) Rating upgraded from 83 to 91 Thursday.
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This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matches up against all other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating north of 80 at the beginning of a new price run.
ViaSat has climbed more than 5% past a 12.55 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
ViaSat showed 0% EPS growth last quarter. Sales gains came in at 0%.
The company earns the No. 9 rank among its peers in the Telecom-Infrastructure industry group. Dycom Industries, Ubiquiti and Gogo Inc. 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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