Axalta Coating Systems had its Relative Strength (RS) Rating upgraded from 67 to 72 Wednesday — a welcome improvement, but still shy of the 80 or higher score you look for.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks typically have an 80 or better RS Rating as they launch their biggest climbs. See if Axalta Coating Systems can continue to show renewed price strength and clear that threshold.
Can You Really Time The Stock Market?
Axalta Coating Systems is building a consolidation with a 41.66 entry. See if the stock can break out in heavy trading.
The company posted 31% earnings growth in the latest quarterly report, while sales growth came in at 1%. Look for the next report on or around Feb. 4.
Axalta Coating Systems earns the No. 3 rank among its peers in the Chemicals-Paints industry group. RPM International is the No. 1-ranked stock within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
