General Dynamics Stock Achieves Relative Strength Rating of 80 or higher

General Dynamics stock has received an upgrade to its Relative Strength (RS) Rating on Tuesday, increasing from 80 to 84. This exclusive rating from Investor’s Business Daily measures market leadership on a scale of 1 (worst) to 99 (best). The RS Rating shows how a stock’s price performance over the past 52 weeks compares to all other stocks in the database.

General Dynamics stock is now considered extended and outside of the buy range after surpassing a buy point of 245.06 in a first-stage saucer with handle pattern. Investors should monitor if the aerospace stock forms a new pattern or presents a follow-on buying opportunity such as a three-weeks tight or retracement to the 50-day or 10-week line.

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By Aiden Johnson

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