In a welcome move, Clean Harbors saw its Relative Strength Rating improve from 70 to 74 on Monday.
This proprietary rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if Clean Harbors can continue to rebound and clear that threshold.
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Clean Harbors is trying to complete a consolidation with a 267.11 entry. See if it can clear the breakout price in volume at least 40% higher than normal. Keep in mind that it's a later-stage consolidation, and those are riskier than earlier-stage patterns.
Regarding top and bottom line numbers, Clean Harbors has posted two quarters of accelerating earnings growth. Revenue gains have also increased over the same time frame.
The company holds the No. 5 rank among its peers in the Pollution-Control industry group. Aris Water Solutions is the No. 1-ranked stock within the group.
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