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Warrior Met Coal Scores Relative Strength Rating Upgrade

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Warrior Met Coal ( HCC ) saw a positive improvement to its Relative Strength ( RS ) Rating on Friday, with an increase from 87 to 94.

[ibd-display-video id=2360792 width=50 float=left autostart=true] IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against all other stocks in our database.

Decades of market research reveals that the best stocks often have an RS Rating north of 80 as they launch their largest climbs.

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The stock is working on a cup without handle with a 27.72 entry . See if it can clear the breakout price in volume at least 40% higher than normal.

In terms of fundamentals, Warrior Met Coal has posted two quarters of accelerating earnings growth. Sales growth has also risen over the same time frame. Warrior Met Coal is expected to report its next quarterly numbers on or around Oct. 28.

Warrior Met Coal holds the No. 1 rank among its peers in the Energy-Coal industry group. Peabody Energy ( BTU ) and Arch Coal ( ARCH ) are also among the group's highest-rated stocks.

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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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