On Thursday, Delek US Holdings got an upgrade to its Relative Strength (RS) Rating, from 90 to 93.
How To Use Stock Charts To Stay Profitable And Protected
IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves.
While it's not currently an ideal time to invest, see if the stock manages to establish and enter a buy zone in heavy trade.
The company posted 0% earnings growth in the latest quarterly report. Sales rose -16%.
Delek US Holdings earns the No. 8 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Par Pacific Holdings, Targa Resources and HF Sinclair 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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