Suncor Energy saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 69 to 75.
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Suncor Energy can continue to show renewed price strength and clear that threshold.
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Suncor Energy is trying to complete a cup without handle with a 41.75 entry. See if the stock can clear the breakout price in heavy trading.
Suncor Energy posted -3% EPS growth in its most recent report, while sales growth came in at 3%. The company is expected to report its latest numbers on or around Feb. 5.
The company holds the No. 5 rank among its peers in the Oil & Gas-Integrated industry group. YPF ADR is the No. 1-ranked stock within the group.
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