Xometry had its Relative Strength (RS) Rating upgraded from 80 to 85 Monday.
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This unique rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
History reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves.
Xometry is not currently near a potential buy zone. See if the stock goes on to form a chart pattern that could kick off a new price move.
The company reported 0% earnings growth last quarter. Sales rose 16%. The next quarterly results are expected on or around May 7.
The company holds the No. 1 rank among its peers in the Machinery-Materials Handling industry group. Proto Labs and Columbus McKinnon are also among the group's highest-rated stocks.
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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