U.S. Lime & Minerals saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 67 to 71.
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This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if U.S. Lime & Minerals can continue to rebound and hit that benchmark.
U.S. Lime & Minerals is now considered extended and out of buy range after clearing an 87.13 buy point in a third-stage consolidation. 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 moving average.
Earnings-per-share growth decreased in the company's latest report from 57% to 53%, but revenue rose from 22% to 27%. The company is expected to report its latest earnings and sales numbers on or around Jul. 30.
The company holds the No. 1 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals and Vulcan Materials are also among the group's highest-rated stocks.
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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