Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Triumph Group Scores Relative Strength Rating Upgrade

Triumph Group saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 79 to 90.

This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.

History shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 at the beginning of a new run.

How To Use Stock Charts To Stay Profitable And Protected

Triumph Group is now considered extended and out of buy range after clearing a 15.52 buy point in a first-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Triumph Group posted 0% earnings growth in its most recent report, while sales growth came in at 1%.

Triumph Group earns the No. 31 rank among its peers in the Aerospace/Defense industry group. Heico Cl A, Howmet Aerospace and M-tron Industries are among the top 5 highly rated stocks within the group.

RELATED:

Defense And Aerospace Stocks To Watch And Industry News

Stocks With Rising Relative Strength Ratings

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.