MP Materials saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 79 to 89.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves.
MP Materials is not currently near a potential buying area. See if the stock goes on to form a base that could launch a new move.
MP Materials reported 0% earnings growth in its most recent report, while sales growth came in at 25%.
The company earns the No. 20 rank among its peers in the Mining-Metal Ores industry group. Cameco, Mesabi Trust and Southern Copper 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.
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