The Relative Strength (RS) Rating for Copa Holdings Cl A headed into a higher percentile Tuesday, as it got a lift from 61 to 73.
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Copa Holdings Cl A can continue to rebound and hit that benchmark.
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Copa Holdings Cl A is working on a consolidation with a 107.71 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
In terms of fundamentals, the company has posted two quarters of increasing earnings growth. Sales gains have been less impressive, coming in at -4% in the latest report.
The company holds the No. 3 rank among its peers in the Transportation-Airline industry group. Alaska Air Group 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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