Eversource Energy had its Relative Strength (RS) Rating upgraded from 64 to 75 Wednesday — a welcome improvement, but still below the 80 or better score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks tend to have an RS Rating of at least 80 as they begin their biggest climbs. See if Eversource Energy can continue to show renewed price strength and hit that benchmark.
Eversource Energy is working on a consolidation with a 69.01 buy point. See if the stock can clear the breakout price in heavy trading.
While the company's bottom line growth dropped in the company's most recently reported quarter from 6% to 1%, sales grew 24%, up from 10% in the prior report.
The company holds the No. 4 rank among its peers in the Utility-Electric Power industry group. OGE Energy is the top-ranked stock 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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