Coterra Energy stock saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 77 to 82.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks often have an 80 or better RS Rating as they begin their biggest price moves.
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Is Coterra Energy Stock A Buy?
Coterra Energy stock is trying to complete a flat base with a 28.91 entry. See if the stock can clear the breakout price in volume at least 40% above average.
The energy company posted negative growth for both the top and bottom lines last quarter.
Coterra Energy stock earns the No. 18 rank among its peers in the Oil & Gas-U.S. Exploration & Production industry group. Denbury and Diamondback Energy are also among the group's highest-rated stocks.
