When putting together your watch list, look for stocks with an 80 or higher RS Rating. Atlas Energy Solutions is one stock that just reached the mark, now earning a score of 83.
This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.
Decades of market research reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
Atlas Energy Solutions is working on a flat base with a 24.34 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings growth fell last quarter from -81% to -92%. But sales moved higher, from 78% to 93%.
The company holds the No. 5 rank among its peers in the Oil & Gas-Field Services industry group. North Amer Construction is the No. 1-ranked stock within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!