On Thursday, Sun Country Airlines got an upgrade to its Relative Strength (RS) Rating, from 79 to 85.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Decades of market research reveals that the top-performing stocks typically have an RS Rating north of 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.
Top and bottom line growth moved higher last quarter. Earnings were up -57%, compared to -85% in the prior report. Revenue increased from -3% to 0%.
The company holds the No. 5 rank among its peers in the Transportation-Airline industry group. Skywest is the No. 1-ranked stock within the group.
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