In a welcome move, Post Holdings saw its Relative Strength Rating rise from 70 to 75 on Thursday.
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Post Holdings can continue to show renewed price strength and clear that threshold.
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Post Holdings broke out earlier, but is now around 4% below the prior 118.96 entry from a flat base. In the scenario where a stock breaks out then falls 7% or more below the entry price, it's considered a failed breakout. If that happens, it's best to wait for a new pattern to take shape. Also understand that the latest consolidation is a later-stage base, and such bases are more prone to failure.
Post Holdings reported -6% EPS growth in its most recent report. Sales increased 3%.
Post Holdings holds the No. 6 rank among its peers in the Food-Packaged industry group. Freshpet, Kellanova and Seneca Foods Cl A are among the top 5 highly rated stocks within the group.
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