Murphy USA had its Relative Strength (RS) Rating upgraded from 67 to 72 Wednesday — a welcome improvement, but still short of the 80 or better score you prefer to see.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matched up against all other stocks.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 as they launch their biggest runs. See if Murphy USA can continue to show renewed price strength and hit that benchmark.
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Murphy USA is not currently near a potential buy zone. See if the stock goes on to build a chart pattern that could kick off a new climb.
The company reported negative growth for both the top and bottom lines last quarter. The company is expected to report its next quarterly numbers on or around Feb. 5.
Murphy USA earns 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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