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Natura Stock Makes Up Key Ground, Hitting 80-Plus RS Rating

Natura & Co. (NTCO) had its Relative Strength (RS) Rating upgraded from 78 to 81 Thursday. Is Natura stock on your watchlist?

When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the trailing 52 weeks compares to all the other stocks in our database.

History reveals that the best-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves. So an 81 RS Rating for Natura stock is noteworthy.


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Is Natura Stock A Buy?

Natura stock has risen more than 5% past a 20.48 entry in a second-stage double bottom, meaning it’s now out of a proper buy zone. Look for Natura stock to offer a new buying opportunity like a three-weeks-tight pattern or a pullback to the 50-day or 10-week line.

While sales growth fell last quarter from 5,156% to 16%, earnings per share grew 84%, up from flat in the Brazilian cosmetics maker’s previous report.

Natura stock earns the No. 4 rank among its peers in the Cosmetics/Personal Care industry group. Estee Lauder (EL) and Natural Alternatives (NAII) are also among the group’s highest-rated stocks.

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