The Relative Strength (RS) Rating for Teck Resources stock entered a new percentile Tuesday, as it got a lift from 70 to 76.
This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their largest runs. See if Teck Resources stock can continue to show renewed price strength and clear that threshold.
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Is Teck Resources Stock A Buy?
Teck Resources stock is working on a consolidation with a 55.13 buy point. See if the precious metal stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew -35% last quarter, up from -58% in the prior report. Revenue also increased, from 5% to 10%. The company is expected to report its latest numbers on or around Oct. 24.
Teck Resources stock holds the No. 12 rank among its peers in the Mining-Metal Ores industry group. Southern Copper, Cameco and Alcoa are among the top 5 highly rated stocks within the group.
