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Monolithic Power Systems Sees Relative Strength Rating Improve To 71


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The Relative Strength ( RS ) Rating for Monolithic Power Systems ( MPWR ) moved up into a new percentile Thursday, as it got a lift from 65 to 71.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.

History reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they launch their biggest runs. See if Monolithic Power Systems can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Monolithic Power Systems is working on a double bottom with a 124.54 buy point . See if it can clear the breakout price in heavy trading. Keep in mind that it's a later-stage consolidation, and those entail more risk.

Earnings-per-share growth dropped last quarter from 27% to 26%, but revenue rose from 21% to 25%.

The company earns the No. 2 rank among its peers in the Electronics-Semiconductor Fabless industry group. Nvidia ( NVDA ) is the No. 1-ranked stock within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: RS , MPWR , NVDA



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