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Flir Systems Getting Closer To Key Technical Measure

On Monday, Flir Systems (FLIR) received a positive adjustment to its Relative Strength (RS) Rating, from 68 to 71.




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

This proprietary rating tracks 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 80 or higher RS Rating as they launch their biggest price moves. See if Flir Systems can continue to rebound and hit that benchmark.


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Flir Systems is still inside a buy zone after clearing a 56.42 buy point in a flat base. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it’s best to wait for it to set up another buying opportunity..

Flir Systems saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 10% to 47%. Revenue rose from -1% to 7%. Keep an eye out for the company’s next round of numbers on or around May 6.

Flir Systems earns the No. 3 rank among its peers in the Aerospace/Defense industry group. Sifco Industries (SIF) and Aerovironment (AVAV) are also among the group’s highest-rated stocks.

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