Marathon Oil stock had its Relative Strength (RS) Rating upgraded from 64 to 74 Monday -- a welcome improvement, but still short of the 80 or higher score you look for.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matched up against all other stocks.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they launch their largest price moves. See if Marathon Oil stock can continue to show renewed price strength and clear that threshold.
Looking For Winning Stocks? Try This Simple Routine
Is Marathon Oil Stock A Buy?
While now is not an ideal time to jump in, see if the stock goes on to form a base and break out.
The oil & gas company posted negative growth for both the top and bottom lines last quarter.
Marathon Oil stock earns the No. 15 rank among its peers in the Oil & Gas-Integrated industry group. Williams Cos and Shell ADR are also among the group's highest-rated stocks.
