Stocks To Watch: ConocoPhillips Sees Relative Strength Rating Rise To 85

ConocoPhillips (COP) saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 80 to 85.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This unique rating tracks 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.

History shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

While ConocoPhillips is not near a proper buy zone right now, see if it is able to form and break out of a proper consolidation.

In terms of top and bottom line numbers, ConocoPhillips has posted rising EPS growth over the last three quarters. Top line growth has also risen over the same time frame. ConocoPhillips is expected to report its next quarterly numbers on or around Jul. 30.

ConocoPhillips holds the No. 6 rank among its peers in the Oil & Gas-International Exploration & Production industry group. Hess (HES) and ConocoPhillips (COP) are also among the group’s highest-rated stocks.


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