The Relative Strength (RS) Rating for Boise Cascade jumped into a higher percentile Wednesday, as it got a lift from 67 to 73.
IBD's unique RS Rating tracks technical performance by showing how a stock's price action 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 best-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if Boise Cascade can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
While the stock is not near a proper buying range right now, see if it is able to form and break out of a proper base.
The company reported negative growth for both the top and bottom lines last quarter.
The company earns the No. 2 rank among its peers in the Building-Wood Products industry group. Louisiana-Pacific is the No. 1-ranked stock within the group.
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