HF Sinclair had its Relative Strength (RS) Rating upgraded from 69 to 77 Monday — a welcome improvement, but still below the 80 or better score you look for.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily measures market leadership 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.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves. See if HF Sinclair can continue to rebound and clear that threshold.
HF Sinclair is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could spark a new run.
HF Sinclair reported 0% earnings growth in its most recent report, while sales growth came in at -9%.
HF Sinclair holds the No. 11 rank among its peers in the Oil & Gas-Refining/Marketing industry group. UGI, Global Partners and Targa Resources 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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