Harmony Gold Mining ADR had its Relative Strength (RS) Rating upgraded from 72 to 82 Tuesday.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they launch their biggest climbs.
Harmony Gold Mining ADR is now considered extended and out of buy range after clearing a 12.29 buy point in a first-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Harmony Gold Mining ADR posted 25% EPS growth in the latest quarterly report, while sales growth came in at 26%.
The company earns the No. 33 rank among its peers in the Mining-Gold/Silver/Gems industry group. Agnico-Eagle Mines, Alamos Gold and AngloGold Ashanti 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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