In a welcome move, Curtiss-Wright saw its Relative Strength Rating rise from 69 to 74 on Monday.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Curtiss-Wright can continue to rebound and hit that benchmark.
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Curtiss-Wright has moved more than 5% past a 286.65 entry in a second-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
Curtiss-Wright showed 3% earnings growth in the latest quarterly report. Revenue gains came in at 5%.
The company holds the No. 20 rank among its peers in the Aerospace/Defense industry group. Embraer ADR, Heico and Heico Cl A 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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