Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

CONSOL Energy Meets 80-Plus Relative Strength Rating Benchmark

CONSOL Energy had its Relative Strength (RS) Rating upgraded from 77 to 82 Friday.

This proprietary rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

Decades of market research shows that the best stocks often have an RS Rating north of 80 in the early stages of their moves.

Looking For The Best Stocks To Buy And Watch? Start Here

CONSOL Energy is within a buy zone after climbing above a 107.94 entry in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.

CONSOL Energy reported negative growth for both sales and earnings last quarter. CONSOL Energy is expected to report its next quarterly numbers on or around Nov. 5.

CONSOL Energy holds the No. 7 rank among its peers in the Energy-Coal industry group. Natural Resource Ptrs, Alliance Resource Ptrs and SunCoke Energy are among the top 5 highly rated stocks within the group.

RELATED:

Stocks With Rising Relative Strength Ratings

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!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.