On Tuesday, Fluor earned an upgrade to its Relative Strength (RS) Rating, from 66 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating measures 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 reveals that the best-performing stocks typically have an RS Rating of above 80 as they launch their largest runs. See if Fluor can continue to rebound and clear that threshold.
Fluor is not currently near a potential buying area. See if the stock goes on to build a chart pattern that could kick off a new price move.
Earnings growth increased last quarter from -29% to 55%. But revenue gains fell from 12% to 7%.
The company holds the No. 15 rank among its peers in the Building-Heavy Construction industry group. Construction Ptrs Cl A, Argan and Primoris 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.
RELATED:
Stocks With Rising Relative Strength Ratings
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!
