Copper, Zinc, and Coal producer Teck Resources (TECK.B.TO) has been climbing up the relative strength rankings in the SIA S&P/TSX 60 Index Report, benefitting from a rally in energy and base metal prices.
The shares spent the late autumn and winter down in the red zone, but in recent weeks it has been on the rise, leaving the red zone in late March and returning to the Green Favored Zone this month for the first time since October.
TECK.B.TO has climbed 33 places in the last month, including a rise of 3 spots yesterday to 11th position. In the last month, the shares have rallied 19.8% compared to a gain of 2.9% for the S&P/TSX Composite Index over the same period.
Menu