Staar Surgical stock had its Relative Strength (RS) Rating upgraded from 77 to 87 Thursday.
This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against the rest of the market.
Decades of market research shows that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
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Is Star Surgical Stock A Buy?
Staar Surgical reclaimed its 50-day moving average and is building a consolidation with a 52.68 buy point. See if the medical stock can clear the breakout price in volume at least 40% above average.
The lens maker showed 0% EPS growth in its most recent report, while sales growth came in at 5%.
Staar Surgical stock earns the No. 20 rank among its peers in the Medical-Products industry group. LeMaitre Vascular, Globus Medical and Boston Scientific are among the top 5 highly rated stocks within the group.