SpringWorks Therapeutics Stock Sees RS Rating Jump To 86

Blockhead
01-14

On Monday, SpringWorks Therapeutics (SWTX) stock hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 86, up from 77 the day before.

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This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest price moves.


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Is SpringWorks Therapeutics Stock A Buy?

SpringWorks Therapeutics stock is working on a cup without handle with a 53.92 entry. See if the biotech stock can clear the breakout price in volume at least 40% above average.

The biotech company reported 0% earnings growth in its most recent report, while sales growth came in at 0%.

SpringWorks Therapeutics stock holds the No. 46 rank among its peers in the Medical-Biomed/Biotech industry group. Catalyst Pharmaceuticals (CPRX), ADMA Biologics (ADMA) and Exelixis (EXEL) are among the top 5 highly rated stocks within the group. For more industry news, check out "Biotech And Pharmaceutical Industry And Stock News."

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