On Monday, Expand Energy earned a positive adjustment to its Relative Strength (RS) Rating, from 68 to 71.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an RS Rating north of 80 as they begin their largest price moves. See if Expand Energy can continue to rebound and clear that threshold.
Expand Energy is not currently offering a proper buying opportunity. See if the stock goes on to form a sound pattern that could launch a new move.
Regarding fundamentals, Expand Energy has posted rising EPS growth in each of the last three reports. Revenue gains have also moved higher during the same period. The company is expected to report its next quarterly numbers on or around Jul. 29.
The company holds the No. 11 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. California Resources, Venture Global and Antero Resources 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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