The Relative Strength (RS) Rating for Arcosa entered a new percentile Wednesday, with a rise from 79 to 82.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating of over 80 as they launch their biggest climbs.
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Arcosa is trying to complete a consolidation with a 113.43 entry. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth picked up last quarter from 20% to 25%. But sales fell from 14% to 8%. Keep an eye out for the company's next round of numbers on or around Feb. 19.
Arcosa earns the No. 6 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Mueller Water Products, Armstrong Wrld Ind and Tecnoglass are among the top 5 highly rated stocks within the group.
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