Warrior Met Coal had its Relative Strength (RS) Rating upgraded from 65 to 72 Friday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
Can You Really Time The Stock Market?
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Warrior Met Coal can continue to show renewed price strength and clear that threshold.
Warrior Met Coal is building a double bottom with a 75.15 buy point. See if the stock can break out in volume at least 40% above average.
While EPS growth fell in the company's most recently reported quarter from 0% to -92%, sales grew -25%, up from -40% in the previous report.
Warrior Met Coal holds the No. 7 rank among its peers in the Energy-Coal industry group. Natural Resource Ptrs, Hallador Energy and Ramaco Resources Cl A 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.
RELATED:
Which Stocks Are Showing Improved Technical Action?
