Supernus Pharmaceuticals (SUPN) stock had its Relative Strength (RS) Rating upgraded from 77 to 86 Thursday.
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IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of at least 80 as they launch their biggest price moves.
Supernus Pharmaceuticals stock is within a buy zone after moving past a 40.28 entry in a cup without handle. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity.
Earnings growth increased last quarter from 0% to 11%. But sales fell from 4% to -2%.
Supernus Pharmaceuticals stock holds the No. 53 rank among its peers in the Medical-Biomed/Biotech industry group. Aurinia Pharmaceuticals (AUPH), Rigel Pharmaceuticals (RIGL) and Incyte (INCY) are among the top 5 highly rated stocks within the group. For industry news, check out "Biotech And Pharmaceutical Industry And Stock News."
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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