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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

CAE Inc Earns RS Rating Upgrade

CAE Inc saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 66 to 71.

This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.

Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if CAE Inc can continue to show renewed price strength and hit that benchmark.

How To Invest In Stocks In Both Bull And Bear Markets

CAE Inc is working on a cup without handle with a 25.04 entry. See if it can break out in volume at least 40% higher than normal.

CAE Inc saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -13% to -8%. Revenue rose from 6% to 8%.

The company holds the No. 34 rank among its peers in the Aerospace/Defense industry group. M-tron Industries, Heico Corp and Heico Cl A are among the top 5 highly rated stocks within the group.

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