The Relative Strength (RS) Rating for U.S. Lime & Minerals moved into a new percentile Wednesday, as it got a lift from 68 to 72.
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This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to 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 at least 80 as they begin their largest price moves. See if U.S. Lime & Minerals can continue to rebound and clear that threshold.
U.S. Lime & Minerals is now considered extended and out of buy range after clearing an 87.13 buy point in a third-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings-per-share growth fell in the company's latest report from 57% to 53%, but revenue rose from 22% to 27%. The company is expected to report its latest numbers on or around Jul. 30.
The company holds the No. 1 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. Smith-Midland and Vulcan Materials are also among the group's highest-rated stocks.
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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