On Wednesday, APA received an upgrade to its Relative Strength (RS) Rating, from 70 to 75.
Can You Really Time The Stock Market?
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves. See if APA can continue to show renewed price strength and hit that benchmark.
APA is not currently near a potential buying area. See if the stock goes on to form a sound pattern that could ignite a new run.
APA reported negative growth for both the top and bottom lines last quarter. The company is expected to release its next quarterly numbers on or around Nov. 5.
APA holds the No. 1 rank among its peers in the Oil & Gas-International Exploration & Production industry group. Vista Energy ADR and Tamboran Resources are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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