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Super Micro Computer (SMCI) saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 66 to 77. This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database. Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if Super Micro Computer can continue to rebound and clear that threshold. Super Micro Computer is working on a cup with handle with a 58.78 buy point. See if it can break out in heavy trade. Earnings growth picked up last quarter from -53% to -24%. But revenue gains fell from 19% to 8%. Keep an eye out for the company's next round of numbers on or around Nov. 4. Super Micro Computer earns the No. 4 rank among its peers in the Computer-Hardware/Peripherals industry group. Dell Technologies Cl C (DELL) is the No. 1-ranked stock within the group. 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.
