On Friday, Century Aluminum cleared a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 92, up from 89 the day before.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an 80 or higher RS Rating as they begin their largest runs.
Century Aluminum is trying to complete a consolidation with a 25.39 entry. See if it can break out in heavy trade. Keep in mind that it's a later-stage consolidation, and those entail more risk.
Earnings growth picked up last quarter from 0% to 2,900%. But revenue gains fell from 29% to 12%.
Century Aluminum earns the No. 2 rank among its peers in the Metal-Fabricators industry group. Mueller Industries is the No. 1-ranked stock 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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