In a welcome move, Alpha Metallurgical Rscs saw its Relative Strength Rating improve from 64 to 71 on Friday.
Can You Really Time The Stock Market?
IBD's unique rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest runs. See if Alpha Metallurgical Rscs can continue to rebound and clear that threshold.
While it's not currently an ideal time to buy shares, see if the stock manages to form a base and break out.
The company showed 0% earnings growth in the latest quarterly report. Revenue rose -32%.
The company holds the No. 10 rank among its peers in the Energy-Coal industry group. Hallador Energy, NACCO Industries Cl A and Ramaco Resources Cl B are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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