Copa Earns IBD Rating Upgrade

On Friday, Copa (CPA) received an upgrade to its Relative Strength (RS) Rating, from 63 to 78.


As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock’s price action over the trailing 52 weeks matched up against all other stocks.

History shows that the top-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Copa can continue to rebound and clear that threshold.

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Copa is working on a cup without handle with a 97.73 entry. See if it can break out in heavy trade.

Earnings growth moved up in the company’s most recent report from 0% to 199%, but sales fell from 1,274% to 262%.

Copa earns the No. 1 rank among its peers in the Transportation-Airline industry group.


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