MarketSmith Top 5 Stocks With Relative Strength
Wednesday’s MarketSmith relative strength scan identified Atkore, Inc. (ATKR) from the IBD SwingTrader alert. These candidates tend to follow through the next day after printing relative strength the day prior.
Summary
The remaining four candidates also look strong.
Starbulk (SBLK) was highlighted on the Tuesday update that you can read here. Maritime shippers like Zim Integrated (ZIM) were as featured. Zim is posting outstanding earnings and price momentum.
MarketSmith Identifies ATKR on Relative Strength Scan
Atkore (ATKR) was added to SwingTrader Alert on Wednesday during the Live Broadcast. The company provides electrical systems and components, as well as strength in the solar panel infrastructure industry group. The stock surged past a new entry point of (118.59), on above average volume, completing a double bottom base at 116.05.
The company posted an earnings beat of 114.00%.
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Vinny
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