On Friday, Sensient Technologies cleared a noteworthy performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 82, up from 75 the day before.
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they launch their biggest runs.
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Sensient Technologies is working on a consolidation with an 81.85 entry. See if the stock can break out in heavy trading.
Sensient Technologies reported 27% EPS growth in its most recent report. Sales rose 8%. The next quarterly results are expected on or around Apr. 25.
Sensient Technologies earns the No. 4 rank among its peers in the Food-Miscellaneous Preparation industry group. Chefs' Warehouse is the top-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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