Century Aluminum saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 75 to 85.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves.
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While the stock is not near a proper entry right now, see if it is able to form and break out from a proper chart pattern.
Earnings grew 0% last quarter, up from -94% in the prior report. Revenue also increased, from -3% to -1%. The next quarterly results are expected on or around Feb. 20.
Century Aluminum earns the No. 7 rank among its peers in the Metal-Fabricators industry group. Mueller Industries, Valmont Industries and Northwest Pipe are among the top 5 highly rated stocks within the group.
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