Martin Marietta had its Relative Strength (RS) Rating upgraded from 68 to 71 Tuesday — a welcome improvement, but still shy of the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 as they begin their largest price moves. See if Martin Marietta can continue to rebound and hit that benchmark.
Martin Marietta is trying to complete a cup with handle with a 569.81 entry. See if the stock can clear the breakout price in heavy volume.
Earnings growth decreased in the company's most recent report from 3% to -89%, but revenue rose from 1% to 8%. The company is expected to report its latest numbers on or around Jul. 24.
Martin Marietta holds the No. 4 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals 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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