Lattice Semiconductor had its Relative Strength (RS) Rating upgraded from 63 to 73 Tuesday — a welcome improvement, but still below the 80 or better score you look for.
IBD's proprietary rating measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they launch their largest climbs. See if Lattice Semiconductor can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Lattice Semiconductor broke out earlier, but has fallen back below the prior 64.69 entry from a consolidation. In the case where a stock breaks out then falls 7% or more below the entry price, it's considered a failed breakout. If that happens, it's best to wait for a new pattern to form. Also keep in mind that the latest consolidation is a later-stage base, which makes it riskier to establish a new position or add shares to an existing one.
Earnings growth declined in the most recent report from -55% to -67%. But sales moved higher, from -34% to -31%.
Lattice Semiconductor earns the No. 14 rank among its peers in the Electronics-Semiconductor Fabless industry group. Rambus, Broadcom and NVIDIA are among the top 5 highly rated stocks 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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