The Relative Strength (RS) Rating for Celanese stock climbed into a new percentile Friday, with a rise from 71 to 87.

 

Risk Management In The Stock Market: How Much Money To Invest Now

This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.

Decades of market research reveals that the top-performing stocks typically have an 80 or better RS Rating as they launch their biggest runs.

Is Celanese Stock A Buy?

Celanese stock is working on a cup with handle with a 61.94 entry. See if the chemical stock can clear the breakout price in heavy trade.

While earnings-per-share growth dropped in the company's most recently reported quarter from -44% to -50%, sales grew -7%, up from -9% in the prior report.

Celanese stock earns the No. 8 rank among its peers in the Chemicals-Basic industry group. Compass Minerals, Ecovyst and DuPont de Nemours are among the top 5 highly rated stocks within the group.

This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.

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