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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

Triumph Group Shows Rising Relative Strength; Still Shy Of Key Benchmark

The Relative Strength (RS) Rating for Triumph Group climbed into a new percentile Monday, as it got a lift from 68 to 74.

IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Over 100 years of market history reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if Triumph Group can continue to show renewed price strength and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

Triumph Group is trying to complete a cup with handle with a 15.52 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.

Earnings growth rose last quarter from -3% to 0%, but the top line fell from 10% to 7%. The next quarterly numbers are expected on or around Nov. 4.

The company holds the No. 44 rank among its peers in the Aerospace/Defense industry group. Heico Cl A, M-tron Industries and Heico Corp are among the top 5 highly rated stocks within the group.

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