On Wednesday, Martin Marietta received an upgrade to its Relative Strength (RS) Rating, from 69 to 75.
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This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of over 80 as they launch their biggest runs. See if Martin Marietta can continue to rebound and hit that benchmark.
Martin Marietta is now considered extended and out of buy range after clearing a 569.81 buy point in a first-stage cup with handle. 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 growth rose last quarter from -89% to 14%. But revenue gains fell from 8% to 3%.
Martin Marietta earns the No. 5 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. Smith-Midland 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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