On Monday, Nutrien cleared an important performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 83, up from 69 the day before.
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an 80 or better RS Rating as they begin their biggest climbs.
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Nutrien is working on a consolidation with a 60.87 buy point. See if it can clear the breakout price in heavy volume.
Nutrien posted negative growth for both the top and bottom lines last quarter. The company is expected to release its next quarterly numbers on or around May 7.
The company 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.
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