Motorola Solutions had its Relative Strength (RS) Rating upgraded from 70 to 73 Monday before the open -- a welcome improvement, but still short of the 80 or higher score you look for. It did fall back with today's trading, but still worth keeping it on a watchlist.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matched up against all other stocks.
History reveals that the market's biggest winners tend to have an RS Rating of above 80 in the early stages of their moves. See if Motorola Solutions can continue to rebound and hit that benchmark.
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Motorola Solutions is building a consolidation with a 273.75 buy point. See if it can break out in volume that is above average.
EPS growth dropped in the company's latest report from 0% to -9%, but sales rose from 2% to 7%.
Motorola Solutions holds the No. 7 rank among its peers in the Telecom Servics-Integrated industry group. Lumen Technologies and Verizon Communications are also among the group's highest-rated stocks.
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