In a welcome move, Murphy USA saw its Relative Strength Rating improve from 70 to 78 on Friday.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
History shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves. See if Murphy USA can continue to rebound and clear that threshold.
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Murphy USA is working on a flat base with a 552.30 entry. See if the stock can break out in heavy volume.
Murphy USA reported negative growth for both the top and bottom lines last quarter.
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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