When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Alamos Gold is one stock that just reached the mark, now earning a score of 83.
This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest climbs.
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Is Alamos Gold Stock A Buy?
Alamos Gold stock is now considered extended and out of buy range after clearing a 13.96 buy point in a third-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The Canadian-based precious metals firm reported 33% EPS growth last quarter. Revenue gains came in at 10%. Look for the next report on or around Apr. 24.
Alamos Gold stock earns the No. 9 rank among its peers in the Mining-Gold/Silver/Gems industry group. Agnico-Eagle Mines, Eldorado Gold and McEwen Mining are among the top 5 highly rated stocks within the group.
