On Tuesday, Kirby Corp earned an upgrade to its Relative Strength (RS) Rating, from 63 to 73.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves. See if Kirby Corp can continue to show renewed price strength and hit that benchmark.
Kirby Corp is not currently offering a proper buying opportunity. See if the stock goes on to form a base that could kick off a new climb.
Kirby Corp posted 12% earnings growth last quarter. Revenue rose -3%. Look for the next report on or around Jul. 31.
Kirby Corp earns the No. 5 rank among its peers in the Transportation-Ship industry group. Euroseas 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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