The Relative Strength (RS) Rating for U.S. Lime & Minerals climbed into a higher percentile Tuesday, as it got a lift from 68 to 73.
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IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks often have an RS Rating of over 80 as they launch their largest climbs. See if U.S. Lime & Minerals can continue to show renewed price strength and hit that benchmark.
U.S. Lime & Minerals is now considered extended and out of buy range after clearing an 87.13 buy point in a third-stage consolidation. 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 line.
While earnings growth decreased in the company's most recent quarterly report from 57% to 53%, sales rose 27%, up from 22% in the previous report. The company is expected to report its latest performance numbers on or around Jul. 30.
U.S. Lime & Minerals holds the No. 2 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. Smith-Midland 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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