MARA Holdings stock saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 79 to 82.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks often have an 80 or better RS Rating as they launch their biggest runs.
Is MARA Holdings Stock A Buy?
MARA Holdings stock reclaimed its 200-day moving earlier this month and working on a consolidation. It's a currently not in a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The bitcoin miner reported 0% earnings growth in its most recent report. Sales rose 29%. The company is expected to report its latest performance numbers on or around Aug. 6.
MARA Holdings stock earns the No. 34 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, FinVolution Group ADR and IREN 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.
