On Wednesday, Vicor hit an important technical milestone, with its Relative Strength (RS) Rating climbing into the 80-plus percentile with an improvement to 86, a rise from 80 the day before.
This unique rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.
Decades of market research shows that the market's biggest winners tend to have an RS Rating of above 80 in the early stages of their moves.
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While the stock is not near an ideal buy point right now, see if it is able to form and break out of a proper chart pattern.
Earnings growth fell in the most recent report from 0% to -30%. But sales moved higher, from -20% to -14%. The next quarterly numbers are expected on or around Feb. 20.
Vicor earns the No. 10 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Park Aerospace and Coherent are among the top 5 highly rated stocks within the group.
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