On Wednesday, Pilgrim's Pride stock got an upgrade to its Relative Strength (RS) Rating, from 88 to 91.
How To Use Stock Charts To Stay Profitable And Protected
This proprietary rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the market's biggest winners typically have an 80 or better RS Rating as they launch their biggest runs.
Is Pilgrim's Pride Stock A Buy?
Pilgrim's Pride stock recently reclaimed its 200-day moving average but it's not currently near a potential buy zone. See if the food stock goes on to form a chart pattern that could launch a new move.
While EPS growth declined last quarter from 129% to 70%, sales grew 2%, up from -3% in the prior report.
Pilgrim's Pride stock holds the No. 3 rank among its peers in the Food-Meat Products industry group. Cal-Maine Foods is the top-ranked stock within the group.
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