SkyWater Technology had its Relative Strength (RS) Rating upgraded from 79 to 84 Thursday.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.
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SkyWater Technology is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could kick off a new price move.
SkyWater Technology showed 0% earnings growth in its most recent report, while sales growth came in at 31%. Keep an eye out for the company's next round of numbers on or around Feb. 25.
SkyWater Technology holds the No. 4 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. MACOM Tech Solutions is the top-ranked stock within the group.
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