In a welcome move, CF Industries Holdings (CF) stock saw its Relative Strength Rating rise from 68 to 75 on Friday.
↑ XThis proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an 80 or higher RS Rating as they launch their biggest price moves. See if CF Industries Holdings stock can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
CF Industries Holdings stock broke out earlier, but has fallen back below the prior 90.86 entry from a cup without handle. If a stock you're watching breaks past a buy point then falls 7% or more below the original entry price, it's considered a failed base. It's best to wait for the stock to form a new base and breakout. Also keep in mind that the latest consolidation is a later-stage base, and those involve more risk.
In terms of top and bottom line numbers, the company has posted rising EPS growth over the last three quarters. Top line growth has also risen over the same time frame.
CF Industries Holdings stock holds the No. 2 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners (UAN) is the No. 1-ranked stock within the group.
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