Coterra Energy saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 70 to 75.
IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they launch their largest climbs. See if Coterra Energy can continue to rebound and clear that threshold.
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Coterra Energy is trying to complete a flat base with a 29.95 entry. See if it can break out in heavy trade.
Earnings growth increased in the company's latest report from -36% to -6%, but sales fell from 0% to -13%.
The company earns the No. 13 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources, Gulfport Energy and Crescent Energy are among the top 5 highly rated stocks within the group.
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