Stocks Showing Market Leadership: Fibria Celulose Earns 92 RS Rating

Shutterstock photo

Fibria Celulose ( FBR ) had its Relative Strength ( RS ) Rating upgraded from 89 to 92 Wednesday.

[ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's unique RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating of over 80 at the beginning of a new climb.

Looking For Winning Stocks? Try This Simple Routine

Fibria Celulose has moved more than 5% past a 12.05 entry in a first-stage cup without handle , meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.

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

Fibria Celulose holds the No. 7 rank among its peers in the Paper & Paper Production industry group. Albany International ( AIN ), Packaging Corporation Of America ( PKG ) and Neenah Paper ( NP ) are among the top 5 highly rated stocks within the group.


Which Stocks Are Showing Rising Relative Strength?

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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 , NP

More from Investor's Business Daily


Investor's Business Daily

Investor's Business Daily


Research Brokers before you trade

Want to trade FX?