Teradyne saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 68 to 72.
This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of at least 80 in the early stages of their moves. See if Teradyne can continue to rebound and hit that benchmark.
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Teradyne is working on a cup with handle with a 144.16 buy point. See if the stock can clear the breakout price in heavy trading.
Teradyne saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 13% to 20%. Revenue rose from 5% to 12%.
The company earns the No. 6 rank among its peers in the Electronics-Semiconductor Equipment industry group. Nova, KLA and Onto Innovation are among the top 5 highly rated stocks within the group.
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