Stocks Showing Improving Market Leadership: ON Semiconductor Earns 82 RS Rating
ON Semiconductor saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 78 to 82. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
