On Monday, Hubbell got a positive adjustment to its Relative Strength (RS) Rating, from 68 to 71.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they launch their biggest runs. See if Hubbell can continue to rebound and hit that benchmark.
Hubbell is working on a cup without handle with a 481.35 entry. See if it can clear the breakout price in heavy trading.
Hubbell posted negative growth for both sales and earnings last quarter. Hubbell is expected to report its next quarterly numbers on or around Jul. 29.
Hubbell earns the No. 8 rank among its peers in the Electrical Power/Equipment industry group. Vertiv Holdings, American Superconductor and BWX Technologies 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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