Fibria Celulose Earns Relative Strength Rating Upgrade

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On Thursday, Fibria Celulose ( FBR ) cleared an important technical benchmark, with its Relative Strength ( RS ) Rating moving into the 90-plus percentile with an upgrade to 92, a rise from 88 the day before.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of over 80 as they begin their biggest climbs.

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Fibria Celulose is trying to complete a consolidation with a 17.31 buy point . See if the stock can break out in heavy volume.

Earnings grew 2,000% last quarter, up from 0% in the prior report. Revenue also increased, from 12% to 27%.

Fibria Celulose earns the No. 8 rank among its peers in the Paper & Paper Production industry group. Albany International ( AIN ), Packaging Corporation Of America ( PKG ) and Schweitzer Mauduit International ( SWM ) are among the top 5 highly rated stocks within the group.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: FBR , RS , AIN , PKG , SWM

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