One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Sotera Health cleared that benchmark Tuesday, with a jump from 77 to 82 Tuesday.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest runs.
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Sotera Health is building a cup with handle with a 17.08 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company posted -5% EPS growth in its most recent report, while sales growth came in at 8%. The company is expected to report its latest numbers on or around Nov. 5.
Sotera Health holds the No. 3 rank among its peers in the Medical-Services industry group. Hims & Hers Health is the top-ranked stock within the group.
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