CONSOL Energy had its Relative Strength (RS) Rating upgraded from 66 to 71 Thursday -- a welcome improvement, but still short of the 80 or better score you prefer to see.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action 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 typically have an RS Rating of above 80 as they launch their biggest price moves. See if CONSOL Energy can continue to show renewed price strength and hit that benchmark.
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CONSOL Energy is building a cup with handle with a 69.84 entry. It is currently up around 5%. Now let's see if it can break out in heavy volume.
While earnings growth fell in the company's most recently reported quarter from 59% to 0%, sales grew 92%, up from 33% in the previous report.
CONSOL Energy holds the No. 1 rank among its peers in the Energy-Coal industry group.
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