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Investor’s Business Daily
Raytheon Technologies Shows Rising Relative Strength, Jumps To 80
On Monday, Raytheon Technologies hit a key performance benchmark, with its Relative Strength (RS) Rating moving into the 80-plus percentile with an improvement to 80, a rise from 68 the day before. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock’s price action over the trailing 52 weeks matches up against other publicly traded companies.