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Century Aluminum Sees Relative Strength Rating Rise To 91

Century Aluminum (CENX) saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 88 to 91.




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When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength. IBD’s proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock’s price performance over the last 52 weeks holds up against all the other stocks in our database.

Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.


Looking For The Best Stocks To Buy And Watch? Start Here


Century Aluminum has moved more than 5% past an 11.43 entry in a second-stage consolidation, meaning it’s now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 

Century Aluminum reported negative growth for both sales and earnings last quarter.

The company earns the No. 20 rank among its peers in the Metal-Fabricators industry group. Insteel Industries (IIIN), Valmont Industries (VMI) and Mueller Industries (MLI) are among the top 5 highly rated stocks within the group.

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