In a welcome move, FirstEnergy saw its Relative Strength Rating improve from 61 to 73 on Friday.
Can You Really Time The Stock Market?
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves. See if FirstEnergy can continue to rebound and clear that threshold.
FirstEnergy is working on a consolidation with a 44.97 buy point. See if it can break out in volume at least 40% above average.
Earnings grew 37% last quarter, up from 8% in the prior report. Revenue also increased, from -5% to 15%.
The company holds the No. 3 rank among its peers in the Utility-Electric Power industry group. Pampa Energia ADR 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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