Crown Holdings stock saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 67 to 72.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of above 80 as they begin their biggest climbs. See if Crown Holdings stock can continue to rebound and hit that benchmark.
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Is Crown Holdings Stock A Buy?
Crown Holdings stock is working on a cup with handle with a 94.49 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth picked up last quarter from -40% to -20%. But sales fell from -6% to -11%.
Crown Holdings stock holds the No. 8 rank among its peers in the Containers/Packaging industry group. UFP Technologies and Aptargroup are also among the group's highest-rated stocks.
