Exelon saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 70 to 76.
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This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the best-performing stocks often have an RS Rating of at least 80 as they begin their biggest price moves. See if Exelon can continue to show renewed price strength and clear that threshold.
Exelon is trying to complete a flat base with a 48.11 buy point. See if the stock can break out in heavy trading.
Top and bottom line growth moved higher last quarter. Earnings were up 35%, compared to 7% in the prior report. Revenue increased from 2% to 11%.
The company holds the No. 12 rank among its peers in the Utility-Diversified industry group. NRG Energy, Genie Energy and NiSource 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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