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Green Plains Stock Sees Relative Strength Rating Rise To 82

The Relative Strength (RS) Rating for Green Plains (GPRE) stock climbed into a new percentile Monday, with an increase from 69 to 82.

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

IBD’s proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock’s price action over the last 52 weeks matches up against other publicly traded companies.

Decades of market research shows that the best stocks tend to have an RS Rating of above 80 as they launch their biggest price moves.


Looking For Winning Stocks? Try This Simple Routine


Is Green Plains Stock A Buy?

Green Plains stock is trying to complete the right side of a cup without handle with a 41.35 entry. See if it can break out in heavy volume. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 

The ethanol producer reported 0% EPS growth in its most recent report. Revenue gains came in at 28%.

Green Plains stock earns the No. 10 rank among its peers in the Energy-Alternative/Other industry group. (REGI) and Clearway Energy Cl C (CWEN) are also among the group’s highest-rated stocks.

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