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Stocks With Rising Relative Strength: Copa

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On Wednesday, Copa ( CPA ) received an upgrade to its Relative Strength ( RS ) Rating , from 70 to 73.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

History reveals that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves. See if Copa can continue to rebound and hit that benchmark.

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Copa is building a flat base with a 134.35 entry . See if the stock can break out in heavy volume. It's a later-stage pattern, and investors should be aware that those are less likely to work.

The company showed 83% earnings growth last quarter. Revenue gains came in at 16%.

The company earns the No. 4 rank among its peers in the Transportation-Airline industry group. SkyWest ( SKYW ) is the top-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.


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

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