In a welcome move, Evergy saw its Relative Strength Rating improve from 69 to 72 on Wednesday.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves. See if Evergy can continue to rebound and hit that benchmark.
Evergy is not currently near a potential buying area. See if the stock goes on to build a base that could ignite a new run.
The company reported negative growth for both the top and bottom lines last quarter.
Evergy holds the No. 10 rank among its peers in the Utility-Electric Power industry group. Korea Electric Power ADR, Entergy and American Elec Power 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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