In a welcome move, Copa Holdings Cl A saw its Relative Strength Rating rise from 68 to 76 on Friday.
This exclusive rating from Investor's Business Daily 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.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating of at least 80 as they launch their largest runs. See if Copa Holdings Cl A can continue to rebound and clear that threshold.
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Copa Holdings Cl A is building a consolidation with a 107.71 buy point. See if the stock can break out in volume at least 40% above average.
In terms of top and bottom line numbers, the company has posted two quarters of increasing earnings growth. Revenue growth has not followed the same trajectory, coming in at -4% last quarter.
Copa Holdings Cl A earns 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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