The Relative Strength (RS) Rating for Star Bulk Carriers entered a higher percentile Wednesday, as it got a lift from 66 to 73.
How To Invest In Stocks In Both Bull And Bear Markets
This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they launch their biggest price moves. See if Star Bulk Carriers can continue to rebound and clear that threshold.
While Star Bulk Carriers is not near an ideal buying range right now, see if it manages to form and break out of a proper chart pattern.
Star Bulk Carriers reported negative growth for both sales and earnings last quarter.
Star Bulk Carriers earns the No. 11 rank among its peers in the Transportation-Ship industry group. Cap Clean Energy Carriers, Global Ship Lease Cl A and Euroseas 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.
RELATED:
Stocks With Rising Relative Strength Ratings
