Murphy USA had its Relative Strength (RS) Rating upgraded from 66 to 76 Tuesday — a welcome improvement, but still short of the 80 or better score you prefer to see.
IBD's proprietary rating tracks share price performance 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 shows that the best stocks typically have an RS Rating of above 80 as they launch their biggest runs. See if Murphy USA can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Murphy USA is not currently offering a proper buying opportunity. See if the stock goes on to form a chart pattern that could launch a new move.
The company posted negative growth for both sales and earnings last quarter. The company is expected to release its next quarterly numbers on or around Feb. 5.
Murphy USA holds the No. 5 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market is the No. 1-ranked stock within the group.
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