On Monday, Symbotic received an upgrade to its Relative Strength (RS) Rating, from 70 to 79.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.
Over 100 years of market history shows that the best stocks tend to have an RS Rating of at least 80 as they begin their biggest price moves. See if Symbotic can continue to rebound and hit that benchmark.
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Symbotic is not currently showing a potential buy point. See if the stock goes on to build a base that could ignite a new run.
Symbotic reported 0% EPS growth in its most recent report. Sales gains came in at 47%.
The company holds the No. 23 rank among its peers in the Machinery-General Industrial industry group. Badger Meter, SPX Technologies and Graham Corp are among the top 5 highly rated stocks within the group.
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