Banking

Copa Earns IBD Rating Upgrade

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




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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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