One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Sociedad Quimica ADR just hit that mark, with a jump from 64 to 80 Monday.
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This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest runs.
Sociedad Quimica ADR is working on a cup with handle with a 42.31 entry. See if it can clear the breakout price in heavy trade.
Earnings grew 0% last quarter, up from -41% in the prior report. Revenue also increased, from -18% to -4%. Keep an eye out for the company's next round of numbers on or around Aug. 20.
The company earns the No. 2 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners is the top-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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