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Franco Nevada Shows Market Leadership With Jump To 83 RS Rating

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Franco Nevada ( FNV ) had its Relative Strength ( RS ) Rating upgraded from 73 to 83 Tuesday.

[ibd-display-video id=2531707 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating 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 shows that the top-performing stocks typically have an 80 or better RS Rating in the early stages of their moves.

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Franco Nevada is trying to complete a cup without handle with an 85.13 entry . See if it can clear the breakout price in volume at least 40% higher than normal.

Franco Nevada posted 0% earnings growth last quarter. Sales gains came in at 0%.

The company holds the No. 3 rank among its peers in the Mining-Gold/Silver/Gems industry group. ( KL ) is the No. 1-ranked stock 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.


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

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