On Friday, USA Rare Earth stock hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 91, up from 86 the day before.

 

Here Are 3 Keys For Successful Stock Investing

IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 at the beginning of a new climb.

Is USA Rare Earth Stock A Buy?

USA Rare Earth stock is now considered extended and out of buy range after clearing a 19.68 buy point in a first-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

The rare earth and critical mineral miner posted 0% earnings growth last quarter, while sales growth came in at 0%.

USA Rare Earth stock holds the No. 41 rank among its peers in the Mining-Metal Ores industry group. Cameco, Ero Copper and Freeport-McMoRan 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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