Banking

Copa Stock Scores Relative Strength Rating Upgrade; Hits Key Threshold

Copa (CPA) stock had its Relative Strength (RS) Rating upgraded from 77 to 83 Monday.




X



When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock’s price action over the last 52 weeks matches up against other publicly traded companies.

Decades of market research shows that the best stocks tend to have an RS Rating of above 80 as they begin their biggest climbs.


Looking For The Best Stocks To Buy And Watch? Start Here


Is Copa Stock A Buy?

Copa stock is trying to complete a cup without handle with a 95.01 entry. See if the stock can break out in heavy volume. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips. Also, check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”

Top and bottom line growth moved higher in the airliner’s most recent quarter. Earnings were up 85%, compared to 0% in the prior report. Revenue increased from -69% to 1,994%.

Copa stock earns the No. 3 rank among its peers in the Transportation-Airline industry group. SkyWest (SKYW) and Copa (CPA) are also among the group’s highest-rated stocks. For more industry news, check out “Airline Industry News And Stocks To Watch.”

YOU MIGHT ALSO LIKE:

MarketSmith’s Tools Can Help The Individual Investor

IBD Live: A New Tool For Daily Stock Market Analysis

Profit From Short-Term Trends With SwingTrader

How To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks

Most Related Links :
newsbinding Governmental News Finance News

Source link

Back to top button