Element Solutions Shows Rising Price Performance With Jump To 81 RS Rating

Element Solutions (ESI) saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 78 to 81.


As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

This exclusive rating from Investor’s Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price performance over the last 52 weeks holds up against all the other stocks in our database.

History reveals that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Element Solutions is building a flat base with a 24.80 buy point. See if it can clear the breakout price in heavy volume.

In terms of fundamentals, the company has posted rising EPS growth over the last three quarters. Sales gains have also moved higher over the same time frame.

Element Solutions holds the No. 2 rank among its peers in the Chemicals-Specialty industry group. Element Solutions (ESI) and Linde (LIN) are also among the group’s highest-rated stocks.


Stocks With Rising Relative Strength Ratings

Why Should You Use IBD’s Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Evaluate Any Stock With Stock Ratings, IBD Charts And Stock Checkup

Most Related Links :
newsbinding Governmental News Finance News

Source link

Back to top button