Stock Upgrades: Clean Harbors Shows Rising Relative Strength

Clean Harbors (CLH) had its Relative Strength (RS) Rating upgraded from 70 to 73 Tuesday — a welcome improvement, but still below the 80 or higher score you prefer to see.


As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock’s price action over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the best stocks typically have an 80 or better RS Rating as they launch their biggest runs. See if Clean Harbors can continue to show renewed price strength and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Clean Harbors is trying to complete a flat base with a 92.04 entry. See if the stock can break out in volume at least 40% higher than normal.

Earnings grew 50% last quarter, up from 25% in the prior report. Revenue also increased, from -13% to -9%. The company is expected to report its latest performance numbers on or around Apr. 29.

Clean Harbors holds the No. 2 rank among its peers in the Pollution-Control industry group. Heritage-Crystal Clean (HCCI) and Sharps Compliance (SMED) are also among the group’s highest-rated stocks.


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