Olin Stock Shows Rising Relative Strength Rating Upgrade

Olin Corp's Relative Strength Rating is upgraded, showing improving technical performance.

Blog

Jun 9, 2023 • 1 min read

Focus on stocks that have an RS rating of 80 or more when putting together a watch list. Olin (OLN), a stock that just scored 82, has met this criteria.

Relative price strength is a factor to consider when deciding which stocks to purchase and monitor.

This proprietary rating determines market leadership using a score ranging from 1 (worst), to 99 (best), which identifies the price movement of a stock over the past 52 weeks compared with that of other stocks.

Market research over the years has shown that the biggest market winners are those who have a RS Rating of 80 or more in the initial stages of their move.

Are you looking for winning stocks? Use This Simple Routine

Olin stock is attempting to complete a consolidate with a 64.80. Check if the volume of the stock is at least 40% above normal. You can read "Looking for the Next Big Stock Market Winners?" For more information, read "Start With These Three Steps".

The company's top and bottom line both showed negative growth in the last quarter. Olin Corp will report its next quarter's numbers around April. 27.

Olin Stock is ranked No. 24 among its peers in the Chemicals-Specialty industry group. Chemicals-Specialty group peers rate Olin stock at No. Orion Engineered Carbons and NewMarket are also amongst the highest-rated shares in the group.

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