Nutrien had its Relative Strength (RS) Rating upgraded from 69 to 79 Friday — a welcome improvement, but still short of the 80 or higher score you look for.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if Nutrien can continue to rebound and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
Nutrien is building a consolidation with a 60.87 buy point. See if it can break out in volume at least 40% higher than normal.
The company posted negative growth for both sales and earnings last quarter.
Nutrien earns the No. 4 rank among its peers in the Chemicals-Agriculture industry group. Intrepid Potash is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!