AlphaMaven AlphaMaven

Range Resources Reaches 80-Plus Relative Strength Rating Benchmark - Investor's Business Daily

Reported by Investors
Apr 29, 2026· 2 min read
Save Post LinkedIn Email
Key Takeaways
  • • Range Resources (RRC) reached an 80-plus Relative Strength (RS) Rating on April 29, 2026, climbing to 83 from 80 the previous day, signaling strong price performance relative to the broader market.
  • • The RS Rating, measured on a 1-99 scale by Investor's Business Daily, identifies market leadership, with 80 or higher considered a key benchmark for portfolio construction and stock-picking strategies.
  • • RRC's improvement reflects positive price momentum over the trailing 12-month period compared to all other stocks in IBD's database, positioning it in the top percentile of market performers.
  • • The 80-plus threshold has become a standard institutional screening criterion; stocks meeting this benchmark are frequently featured in watchlists for momentum-based and relative strength-focused investment strategies.
Summary
Range Resources (RRC) achieved a significant technical milestone on April 29, 2026, when its Relative Strength Rating reached 83, climbing from 80 the previous trading day. This rating places the energy company in the 80-plus percentile, a key benchmark recognized across institutional investment communities as an indicator of superior price performance.

The Relative Strength Rating is Investor's Business Daily's proprietary metric, scaled from 1 (worst) to 99 (best), designed to measure how well a stock's price has performed relative to all other equities over a 12-month period. According to IBD's long-standing methodology—in place since the publication's founding in 1984—an RS Rating of 80 or higher is widely considered a threshold for market leadership and is frequently used as a screening criterion by portfolio managers and analysts building watch lists.

RRC's improvement to an 80-plus rating reflects sustained upward price momentum over the trailing year. This level of relative strength suggests the stock has outpaced the majority of the market, making it of particular interest to momentum-oriented investors and those employing quantitative screening strategies based on technical leadership metrics.

The rating upgrade comes at a time when energy sector dynamics and individual company fundamentals continue to influence investor positioning. RRC's entry into the 80-plus RS benchmark places it alongside other stocks recently achieving this milestone, reflecting broader market selectivity toward companies demonstrating consistent price appreciation relative to peers.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Investors Range Resources Reaches 80-Plus Relative Strength Rating Benchmark - Investor's Business Daily