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Stocks Showing Improved Relative Strength: Copa

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In a welcome move, Copa ( CPA ) saw its Relative Strength Rating rise from 69 to 74 on Friday.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matched up against all other stocks.

Decades of market research reveals that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if Copa can continue to rebound and hit that benchmark.

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Copa is not currently near a potential buying area. See if the stock goes on to form a base that could launch a new move.

The company showed 83% earnings growth in its most recent report. Sales rose 16%.

The company holds the No. 6 rank among its peers in the Transportation-Airline industry group. China South Airline ( ZNH ), China E Airlines ( CEA ) and Ryanair ( RYAAY ) are among the top 5 highly rated stocks 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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