Greif A saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 70 to 73.
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IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the top-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Greif A can continue to show renewed price strength and clear that threshold.
Greif A is building a cup without handle with a 73.16 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth picked up last quarter from -69% to 43%. But sales fell from 5% to 1%.
Greif A holds the No. 5 rank among its peers in the Containers/Packaging industry group. Crown Holdings 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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