On Friday, Post Holdings cleared a key technical benchmark, with its Relative Strength (RS) Rating rising into the 80-plus percentile with an improvement to 85, an increase from 77 the day before.
This unique rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves.
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Post Holdings is working on a cup without handle with a 125.84 entry. See if the stock can break out in heavy trading.
The stock's relative strength line is in new high ground, a promising indicator ahead of a potential breakout.
Earnings growth rose last quarter from -6% to 2%. But sales fell from 3% to 0%. The company is expected to report its latest earnings and sales numbers on or around May 1.
Post Holdings earns the No. 6 rank among its peers in the Food-Packaged industry group. Nomad Foods, Unilever ADR and Seneca Foods Cl B are among the top 5 highly rated stocks 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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