The Relative Strength (RS) Rating for Ameren moved up into a higher percentile Tuesday, as it got a lift from 70 to 75.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Ameren can continue to show renewed price strength and clear that threshold.
Ameren is working on a flat base with a 104.10 entry. See if the stock can clear the breakout price in heavy trading.
Earnings growth decreased last quarter from 5% to 4%. But revenue moved higher, from 15% to 31%.
The company earns the No. 3 rank among its peers in the Utility-Diversified industry group. NiSource 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.
RELATED:
Which Stocks Are Showing Improved Price Performance?
