On Wednesday, SiTime cleared a key technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 85, up from 74 the day before.
This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves.
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SiTime is building a consolidation with a 141.99 entry. See if it can break out in volume at least 40% higher than normal.
Top and bottom line growth moved higher last quarter. Earnings were up 0%, compared to -63% in the prior report. Revenue increased from -30% to -14%.
The company earns the No. 16 rank among its peers in the Electronics-Semiconductor Fabless industry group. Arm Holdings ADR, Broadcom and NVIDIA are among the top 5 highly rated stocks within the group.
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