![]() ![]() We have recently been noticing this with IPHI. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Right now, IPHI is averaging 1,160,355 shares for the last 20 days. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Investors should also take note of IPHI's average 20-day trading volume. In comparison, the S&P 500 has only moved -10.82% and 0%, respectively. Shares of Inphi have increased 28.28% over the past quarter, and have gained 123.81% in the last year. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares are looking quite well from a longer time frame too, as the monthly price change of 27.86% compares favorably with the industry's 20.24% performance as well. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.įor IPHI, shares are up 2.73% over the past week while the Zacks Semiconductor - Analog and Mixed industry is up 2.88% over the same time period. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. In order to see if IPHI is a promising momentum pick, let's examine some Momentum Style elements to see if this chip designer holds up. You can see the current list of Zacks #1 Rank Stocks here > Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. Inphi currently has a Zacks Rank of #2 (Buy). It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. ![]() We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. Below, we take a look at Inphi (IPHI), a company that currently holds a Momentum Style Score of A. ![]()
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