Stocks Showing Rising Market Leadership: Arch Coal Earns 83 RS Rating

When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Arch Coal (ARCH) now meets that criteria, with a jump from 80 to 83 Wednesday.



Over 100 years of market history shows that the top-performing stocks typically have an 80 or better RS Rating as they begin their biggest runs.

Looking For Winning Stocks? Try This Simple Routine

Arch Coal is still inside a buy zone after climbing above a 94.30 buy point in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.

While revenue growth fell last quarter from 16% to -3%, EPS grew 33%, up from 8% in the prior report.

Arch Coal holds the No. 4 rank among its peers in the Energy-Coal industry group. Nacco Industries (NC) is the No. 1-ranked stock within the group.


IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock