EQT had its Relative Strength (RS) Rating upgraded from 70 to 74 Friday — a welcome improvement, but still below the 80 or higher score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest runs. See if EQT can continue to show renewed price strength and clear that threshold.
While it's not currently an ideal time to jump in, see if the stock is able to establish and enter a buying range in heavy volume.
While the company's bottom line growth fell in the company's most recently reported quarter from 44% to 0%, the top line grew 169%, up from 23% in the prior report.
The company holds the No. 1 rank among its peers in the Oil & Gas-Integrated industry group. Antero Midstream and Imperial Oil 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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