The Relative Strength (RS) Rating for AZEK moved up into a new percentile Wednesday, as it got a lift from 66 to 75.
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they begin their biggest climbs. See if AZEK can continue to rebound and clear that threshold.
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While the stock is not near a proper buy zone right now, see if it manages to form and break out from a proper consolidation.
The company posted negative growth for both sales and earnings last quarter. AZEK is expected to release its next quarterly numbers on or around Feb. 5.
AZEK holds the No. 11 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Mueller Water Products, Armstrong Wrld Ind and Interface are among the top 5 highly rated stocks within the group.
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