One important metric to look for in a stock is an 80 or higher Relative Strength Rating. CNH Industrial cleared that benchmark Wednesday, with a jump from 80 to 83 Wednesday.
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This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest runs.
CNH Industrial is working on a cup with handle with a 13.78 entry. See if it can break out in volume at least 40% above average.
While the company's bottom line growth fell in the company's most recently reported quarter from -62% to -67%, revenue rose -21%, up from -28% in the prior report. The company is expected to report its latest earnings and sales numbers on or around Aug. 1.
CNH Industrial earns the No. 3 rank among its peers in the Machinery-Construction/Mining industry group. Astec Industries is the No. 1-ranked stock 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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