Applied Indl Techs had its Relative Strength (RS) Rating upgraded from 67 to 79 Thursday — a welcome improvement, but still shy of the 80 or higher score you look for.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest climbs. See if Applied Indl Techs can continue to show renewed price strength and hit that benchmark.
Applied Indl Techs is building a consolidation with a 282.98 buy point. See if it can break out in heavy trading. It's a later-stage pattern, and investors should be aware that those involve more risk.
Applied Indl Techs posted 4% earnings growth last quarter. Revenue rose 0%. The next quarterly numbers are expected on or around May 1.
Applied Indl Techs earns the No. 2 rank among its peers in the Machinery-Tools & Related industry group. Fastenal 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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