General Dynamics saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 67 to 72.
IBD's proprietary RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest price moves. See if General Dynamics can continue to rebound and clear that threshold.
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General Dynamics is working on a consolidation with a 316.90 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 14% last quarter, up from 10% in the prior report. Revenue also increased, from 10% to 14%. Look for the next report on or around Apr. 23.
The company holds the No. 21 rank among its peers in the Aerospace/Defense industry group. Elbit Systems, 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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