Corteva saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 68 to 71.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if Corteva can continue to show renewed price strength and hit that benchmark.
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Corteva has climbed more than 5% past a 56.13 entry in a first-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
Corteva showed 0% earnings growth last quarter. Sales gains came in at -10%.
The company earns the No. 4 rank among its peers in the Agricultural Operations industry group. Limoneira is the No. 1-ranked stock within the group.
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