On Monday, Greif A earned an upgrade to its Relative Strength (RS) Rating, from 69 to 76.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the best stocks tend to 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 it can break out in volume at least 40% above average.
Earnings growth increased last quarter from -69% to 43%, but revenue fell from 5% to 1%.
The company earns the No. 5 rank among its peers in the Containers/Packaging industry group. Crown Holdings is the top-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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