The Relative Strength (RS) Rating for Cheniere Energy moved into a new percentile Friday, as it got a lift from 70 to 74.
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IBD's proprietary rating identifies price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Cheniere Energy can continue to show renewed price strength and clear that threshold.
Cheniere Energy is working on a consolidation with a 257.65 buy point. See if it can break out in volume at least 40% higher than normal.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 90%, compared to -26% in the prior report. Revenue increased from 28% to 43%.
The company earns the No. 10 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Hess Midstream, Navigator Holdings and DT Midstream are among the top 5 highly rated stocks within the group.
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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