Credit: Shutterstock photoThe Relative Strength ( RS ) Rating for Kratos Defense & Security Solutions ( KTOS ) moved up into a higher percentile Thursday, as it got a lift from 64 to 76.
[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks typically have an 80 or higher RS Rating as they launch their largest runs. See if Kratos Defense & Security Solutions can continue to rebound and hit that benchmark.
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Kratos Defense & Security Solutions is now considered extended and out of buy range after clearing a 9.29 buy point in a second-stage consolidation . 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 moving average.
Kratos Defense & Security Solutions reported 0% earnings growth in the latest quarterly report. Sales increased 19%.
The company holds the No. 39 rank among its peers in the Aerospace/Defense industry group. Teledyne Technologies ( TDY ), Heico ( HEI ) and Heico (HEIA) 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.
