The Relative Strength (RS) Rating for Sunoco headed into a new percentile Tuesday, as it got a lift from 68 to 72.
Can You Really Time The Stock Market?
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 as they launch their largest price moves. See if Sunoco can continue to rebound and clear that threshold.
Sunoco is working on a consolidation with a 64.89 entry. See if the stock can break out in heavy trading.
While earnings-per-share growth dropped in the company's most recent performance report from 0% to -46%, the top line rose -6%, up from -7% in the prior report.
Sunoco holds the No. 6 rank among its peers in the Oil & Gas-Refining/Marketing industry group. UGI, Star Group and Targa Resources 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.
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!
