On Thursday, Warrior Met Coal reached a key technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 84, up from 76 the day before.
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.
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Warrior Met Coal is working on a cup without handle with a 75.53 buy point. See if the stock can clear the breakout price in heavy trade.
Warrior Met Coal posted negative growth for both sales and earnings last quarter.
Warrior Met Coal holds the No. 5 rank among its peers in the Energy-Coal industry group. SunCoke Energy is the No. 1-ranked stock within the group.
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