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Relatively Good Performance Detected in Shares of Ashland Global H in the Specialty Chemicals Industry (ASH , FOE , AXTA , RYAM , SHW )

By Shiri Gupta

We looked at the Specialty Chemicals industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Ashland Global H (NYSE:ASH ) ranks first with a gain of 2.62%; Ferro Corp (NYSE:FOE ) ranks second with a gain of 1.97%; and Axalta Coating S (NYSE:AXTA ) ranks third with a gain of 1.95%.

Rayonier Adv (NYSE:RYAM ) follows with a gain of 1.64% and Sherwin-Williams (NYSE:SHW ) rounds out the top five with a gain of 1.08%.

SmarTrend recommended that its subscribers protect gains by selling shares of Rayonier Adv on May 9th, 2019 by issuing a Downtrend alert when the shares were trading at $10.89. Since that call, shares of Rayonier Adv have fallen 38.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance ashland global h ferro corp axalta coating s rayonier adv sherwin-williams