In a welcome move, U.S. Lime & Minerals saw its Relative Strength Rating improve from 69 to 79 on Thursday.
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating of at least 80 in the early stages of their moves. See if U.S. Lime & Minerals can continue to show renewed price strength and clear that threshold.
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U.S. Lime & Minerals is now considered extended and out of buy range after clearing an 87.13 buy point in a third-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth declined last quarter from 59% to 57%, but the top line rose from 19% to 22%.
The company holds the No. 1 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. CRH and Knife River are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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