Gold Field ADR had its Relative Strength (RS) Rating upgraded from 90 to 93 Tuesday.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an 80 or higher RS Rating as they launch their biggest climbs.
How To Use Stock Charts To Stay Profitable And Protected
Gold Field ADR broke out earlier, but has fallen back below the prior 18.96 entry from a cup without handle. If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new base and buy point. Also keep in mind that the most recent consolidation is a later-stage base, and such bases are more prone to failure.
The company posted 247% earnings growth in its most recent report. Revenue rose 38%.
Gold Field ADR earns the No. 1 rank among its peers in the Mining-Gold/Silver/Gems industry group. AngloGold Ashanti and Gold Field ADR are also among the group's highest-rated stocks.
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