The Relative Strength (RS) Rating for Gold Field stock entered a new percentile Thursday, with an increase from 62 to 80.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest price moves.
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Is Gold Field Stock A Buy?
Gold Field stock broke out of a cup with handle shape pattern in late July, but has since fallen below the 17.24 entry point. While Gold Field stock is not near an ideal buy point right now, see if it manages to form and break out from a proper consolidation.
The precious metal firm reported -33% earnings growth in its most recent report. Sales gains came in at 9%. Look for the next report on or around Aug. 15.
Gold Field stock earns the No. 26 rank among its peers in the Mining-Gold/Silver/Gems industry group. Agnico-Eagle Mines, Alamos Gold and AngloGold Ashanti are among the top 5 highly rated stocks within the group.
