Silgan Holdings (SLGN) saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 66 to 79.
↑ X NOW PLAYING How To Buy Stocks: Do You Know Your Stock's Personality Type? This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if Silgan Holdings can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Silgan Holdings is trading within a buying range after clearing a 52.74 buy point in a cup with handle. The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity..
The company posted 4% EPS growth in the latest quarterly report, while sales growth came in at -3%.
The company holds the No. 3 rank among its peers in the Containers/Packaging industry group. UFP Technologies (UFPT) is the No. 1-ranked stock within the group.
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock