Murphy USA Sees IBD RS Rating Rise To 78

Murphy USA (MUSA) saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 64 to 78.


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

This proprietary rating identifies market leadership by showing how a stock’s price action over the last 52 weeks compares to that of the other stocks in our database.

History shows that the market’s biggest winners often have an 80 or higher RS Rating in the early stages of their moves. See if Murphy USA can continue to show renewed price strength and hit that benchmark.

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Murphy USA is now considered extended and out of buy range after clearing a 152.58 buy point in a first-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Murphy USA saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -31% to -16%. Revenue rose from 11% to 87%.

Murphy USA holds the No. 3 rank among its peers in the Retail-Super/Mini Markets industry group. Albertsons Companies (ACI) and Ingles Markets (IMKTA) are also among the group’s highest-rated stocks.


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