On Friday, Liberty Energy hit an important technical milestone, with its Relative Strength (RS) Rating climbing into the 80-plus percentile with an improvement to 84, an increase from 80 the day before.
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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Liberty Energy is trying to complete a consolidation with a 24.75 entry. See if the stock can break out in volume at least 40% higher than normal.
Liberty Energy reported negative growth for both the top and bottom lines last quarter. The company is expected to release its next quarterly numbers on or around Jan. 29.
Liberty Energy holds the No. 14 rank among its peers in the Oil & Gas-Field Services industry group. North Amer Construction, Oceaneering Intl and Atlas Energy Solutions are among the top 5 highly rated stocks within the group.
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