Koninklijke Philips ADR saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an increase from 63 to 72.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they launch their biggest runs. See if Koninklijke Philips ADR can continue to rebound and hit that benchmark.
Can You Really Time The Stock Market?
Koninklijke Philips ADR is not currently offering a proper buying opportunity. See if the stock goes on to build a sound pattern that could spark a new run.
Earnings growth increased in the company's latest report from 6% to 20%, but the top line fell from 3% to -7%.
Koninklijke Philips ADR holds the No. 11 rank among its peers in the Diversified Operations industry group. Roper Technologies, Berkshire Hathaway Cl A and Berkshire Hathaway Cl B 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
