In a welcome move, BHP Group ADR saw its Relative Strength Rating rise from 69 to 72 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 score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an 80 or higher RS Rating as they begin their biggest price moves. See if BHP Group ADR can continue to rebound and hit that benchmark.
BHP Group ADR is within a buy range after moving past a 55.38 entry in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it's considered out of a proper buy zone.
BHP Group ADR posted negative growth for both sales and earnings last quarter.
The company earns the No. 29 rank among its peers in the Mining-Metal Ores industry group. Cameco, Hudbay Minerals and Mesabi Trust 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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