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Stocks To Watch: Aspen Aerogels Sees Relative Strength Rating Jump To 87

On Friday, Aspen Aerogels (ASPN) received an upgrade to its Relative Strength (RS) Rating, from 79 to 87.




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When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price movement over the trailing 52 weeks stacks up against all the other stocks in our database.

History reveals that the best stocks often have an RS Rating north of 80 as they launch their biggest runs.


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Aspen Aerogels is now considered extended and out of buy range after clearing a 25.03 buy point in a third-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

While earnings growth dropped in the company’s most recently reported quarter from 0% to -117%, revenue grew 37%, up from 26% in the prior report.

Aspen Aerogels earns the No. 35 rank among its peers in the Chemicals-Specialty industry group. Univar (UNVR) and SolarisOilfieldInfra (SOI) are also among the group’s highest-rated stocks.

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