The Relative Strength (RS) Rating for Murphy USA moved into a new percentile Tuesday, as it got a lift from 67 to 73.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.
Decades of market research shows that the best stocks often have an RS Rating north of 80 as they begin their largest price moves. See if Murphy USA can continue to show renewed price strength and hit that benchmark.
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Murphy USA is trying to complete a flat base with a 552.30 entry. See if it can clear the breakout price in volume at least 40% above average.
Earnings grew 15% last quarter, up from -35% in the prior report. Revenue also increased, from -5% to -2%. The company is expected to report its latest earnings and sales numbers on or around Oct. 30.
Murphy USA holds the No. 4 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market is the No. 1-ranked stock within the group.
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