On Friday, Scotts Miracle-Gro received an upgrade to its Relative Strength (RS) Rating, from 66 to 71.
This proprietary rating identifies technical performance 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 shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they launch their largest price moves. See if Scotts Miracle-Gro can continue to rebound and clear that threshold.
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While Scotts Miracle-Gro is not near a proper buy zone right now, see if it manages to form and break out of a proper base.
Earnings-per-share growth declined last quarter from 97% to 0%, but revenue rose from 7% to 11%.
Scotts Miracle-Gro earns the No. 4 rank among its peers in the Chemicals-Agriculture industry group. CF Industries Holdings is the No. 1-ranked stock within the group.
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