The Relative Strength (RS) Rating for BioCryst Pharmaceuticals (BCRX) stock climbed into a new percentile Friday, with a rise from 64 to 84.
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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD’s unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock’s price performance over the last 52 weeks matches up against the rest of the market.
History shows that the top-performing stocks often have an RS Rating of at least 80 as they launch their biggest climbs.
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Is BioCryst Pharmaceuticals Stock A Buy?
BioCryst Pharm stock is trying to complete a consolidation with a 15.53 buy point. The biotech stock recently retook its 200-day moving line. See if the stock can clear the breakout price in heavy volume. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.
The biotech firm posted 0% earnings growth last quarter. Revenue gains came in at 85%.
BioCryst Pharmaceuticals earns the No. 122 rank among its peers in the Medical-Biomed/Biotech industry group. Genmab ADR (GMAB) and Harmony Biosciences (HRMY) are also among the group’s highest-rated stocks. For more industry news, check out “Biotech And Pharmaceutical Industry And Stock News.”
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Source: https://www.investors.com/news/technology/biocryst-pharmaceuticals-stock-sees-rs-rating-rise-to-84/?src=A00220&yptr=yahoo