In a welcome move, Mueller Water Products saw its Relative Strength Rating improve from 64 to 71 on Wednesday.
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This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks often have an RS Rating of above 80 as they begin their biggest price moves. See if Mueller Water Products can continue to rebound and clear that threshold.
Mueller Water Products is working on a consolidation with a 28.58 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Mueller Water Products posted 13% earnings growth in the latest quarterly report. Sales gains came in at 3%.
Mueller Water Products earns the No. 8 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Tecnoglass, Armstrong Wrld Ind and Core & Main 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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