Casella Waste Sys Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 88 to 91.
This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
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Casella Waste Sys Cl A is trying to complete a flat base with a 116.31 entry. See if the stock can clear the breakout price in volume at least 40% above average.
The stock's relative strength line is in new high territory, a positive indicator ahead of a potential breakout.
Casella Waste Sys Cl A saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -23% to 41%. Revenue rose from 17% to 19%. Look for the next report on or around May 1.
Casella Waste Sys Cl A holds the No. 6 rank among its peers in the Pollution-Control industry group. GFL Environmental, Waste Connections and Republic Services 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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