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SiTime Stock Sees Relative Strength Rating Jump To 81

SiTime Stock Sees Relative Strength Rating Jump To 81

On Tuesday, SiTime stock reached a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 81, up from 76 the day before. IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against the rest of the market. Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they launch their biggest price moves.