In a welcome move, Keysight Technologies saw its Relative Strength Rating rise from 69 to 72 on Wednesday.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Keysight Technologies can continue to rebound and clear that threshold.
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Keysight Technologies is building a flat base with a 175.39 buy point. See if the stock can break out in heavy trade.
Although earnings and sales growth came in at -17% and -2%, respectively, in the latest report, that marked two straight quarters of improvement for earnings and two for sales.
The company earns the No. 4 rank among its peers in the Electronics-Scientific Measuring industry group. FARO Technologies is the No. 1-ranked stock within the group.
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