On Monday, Terex earned a positive adjustment to its Relative Strength (RS) Rating, from 70 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks price action 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 best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Terex can continue to show renewed price strength and hit that benchmark.
Terex is working on a flat base with a 54.69 entry. See if the stock can break out in heavy volume.
Earnings grew -31% last quarter, up from -52% in the prior report. Revenue also increased, from -5% to 8%.
Terex earns the No. 3 rank among its peers in the Machinery-Construction/Mining industry group. Astec Industries is the No. 1-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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?