IBD Rating Upgrades: BHP Billiton Shows Improved Price Strength

In a welcome move, BHP Billiton (BBL) saw its Relative Strength Rating improve from 68 to 73 on Tuesday.


When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.

This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock’s price performance over the last 52 weeks matched up against all other stocks.

Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating of at least 80 in the early stages of their moves. See if BHP Billiton can continue to rebound and clear that threshold.

See How IBD Helps You Make More Money In Stocks

BHP Billiton is not currently near a potential buy zone. See if the stock goes on to build a sound pattern that could launch a new move.

BHP Billiton posted 183% EPS growth in its most recent report. Revenue increased 70%.

BHP Billiton earns the No. 2 rank among its peers in the Mining-Metal Ores industry group. BHP Billiton (BBL) and Alcoa (AA) are also among the group’s highest-rated stocks.


Which Stocks Are Showing Rising Relative Strength?

Why Should You Use IBD’s Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

See How To Reduce Risk, Increase Profits With Swing Trading

View more information: https://www.investors.com/ibd-data-stories/ibd-rating-upgrades-bhp-billiton-shows-improved-price-strength/

See more articles in category: Finance
See also  https://research.investors.com/stock-quotes/nasdaq-marinus-pharmaceuticals-mrns.htm

Leave a Reply

Check Also
Back to top button