The Relative Strength (RS) Rating for Nutrien moved up into a higher percentile Wednesday, as it got a lift from 69 to 72.
Can You Really Time The Stock Market?
IBD's proprietary rating measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves. See if Nutrien can continue to rebound and hit that benchmark.
Nutrien is working on a consolidation with a 65.08 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -76% to 13%. Revenue rose from -5% to 3%.
Nutrien holds the No. 5 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners is the No. 1-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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