The Relative Strength (RS) Rating for Century Aluminum jumped into a new percentile Monday, with a rise from 74 to 81.
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IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves.
Century Aluminum is building a consolidation with a 25.39 buy point. See if it can clear the breakout price in volume at least 40% higher than normal. It's a later-stage pattern, and investors should be aware that those involve more risk.
Earnings grew 0% last quarter, up from -2% in the prior report. Revenue also increased, from 23% to 30%. The company is expected to report its latest results on or around Aug. 6.
The company holds the No. 6 rank among its peers in the Metal-Fabricators industry group. Insteel Industries, Mueller Industries and Kaiser Aluminum are among the top 5 highly rated stocks 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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