The Relative Strength (RS) Rating for Atlas Energy Solutions entered a new percentile Wednesday, as it got a lift from 67 to 75.
IBD's unique rating tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks often have an RS Rating north of 80 as they begin their biggest price moves. See if Atlas Energy Solutions can continue to rebound and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
Atlas Energy Solutions is building a flat base with a 24.34 buy point. See if it can clear the breakout price in volume at least 40% above average.
While the company's bottom line growth dropped in the company's most recently reported quarter from -81% to -92%, sales rose 93%, up from 78% in the previous report.
Atlas Energy Solutions holds the No. 4 rank among its peers in the Oil & Gas-Field Services industry group. North Amer Construction is the No. 1-ranked stock within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!