Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Stocks Generating Improved Relative Strength: Ingredion

Ingredion saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 68 to 73.

When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.

Over 100 years of market history shows that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Ingredion can continue to show renewed price strength and clear that threshold.

Looking For Winning Stocks? Try This Simple Routine

Ingredion is trying to complete a saucer without handle with a 98.15 entry. See if it can clear the breakout price in volume at least 40% higher than normal.

Regarding top and bottom line numbers, the company has posted four quarters of accelerating earnings growth. Top line growth has also increased during the same period. The company is expected to report its next quarterly numbers on or around Nov. 1.

The company holds the No. 3 rank among its peers in the Food-Grain & Related industry group. Archer Daniels Midland and Ingredion are also among the group's highest-rated stocks.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.