TechnipFMC had its Relative Strength (RS) Rating upgraded from 76 to 81 Thursday.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 in the early stages of their moves.
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TechnipFMC is building a consolidation with a 33.45 entry. See if the stock can break out in volume at least 40% above average.
The company reported 286% earnings growth in its most recent report, while sales growth came in at 14%.
The company earns the No. 3 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. Archrock is the No. 1-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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