Warrior Met Coal Clears Technical Benchmark, Hitting 90-Plus RS Rating

Warrior Met Coal (HCC) had its Relative Strength (RS) Rating upgraded from 88 to 92 Monday.

When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength. This exclusive rating from Investor’s Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the top-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves.

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Warrior Met Coal broke out earlier, but has fallen back below the prior 26.00 entry from a cup without handle. If a stock you’re watching climbs above a buy point then declines 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 understand that the latest pattern is a later-stage base, and such bases are more prone to failure.

Top and bottom line growth moved higher last quarter. Earnings were up 238%, compared to -79% in the prior report. Revenue increased from -6% to 39%. Look for the next report on or around Oct. 28.

Warrior Met Coal earns the No. 9 rank among its peers in the Energy-Coal industry group. Alliance Resource Partners (ARLP), Ramaco Resources (METC) and Consol Energy (CEIX) are among the top 5 highly rated stocks within the group.


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