In a welcome move, Nutrien saw its Relative Strength Rating rise from 63 to 76 on Wednesday.
IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating north of 80 as they launch their biggest climbs. See if Nutrien can continue to rebound and hit that benchmark.
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Nutrien is working on a cup without handle with a 60.87 entry. See if the stock can break out in heavy volume.
Nutrien posted negative growth for both the top and bottom lines last quarter.
Nutrien earns the No. 3 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners is the top-ranked stock within the group.
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