Marathon Digital stock had its Relative Strength (RS) Rating upgraded from 78 to 89 Tuesday.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
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Is Marathon Digital Stock A Buy?
Marathon Digital stock has been trading tightly along its 50- and 200- day moving averages and is not currently in proper buying zone. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The digital asset technology firm showed 0% EPS growth in the latest quarterly report. Sales gains came in at -1%.
Marathon Digital stock earns the No. -1 rank among its peers in the Finance-Investment Management industry group.
