On Monday, Valvoline earned a positive adjustment to its Relative Strength (RS) Rating, from 68 to 73.
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest climbs. See if Valvoline can continue to show renewed price strength and clear that threshold.
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Valvoline is building a flat base with a 45.37 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings growth dropped last quarter from 81% to 61%, but revenue rose from 12% to 13%.
The company holds the No. 1 rank among its peers in the Retail/Wholesale-Auto industry group. Copart and O'Reilly Automotive are also among the group's highest-rated stocks.
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