On Friday, Archrock earned an upgrade to its Relative Strength (RS) Rating, from 64 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Archrock can continue to show renewed price strength and clear that threshold.
Archrock is building a consolidation with a 30.44 buy point. See if the stock can break out in volume at least 40% above average.
Earnings growth decreased last quarter from 67% to 62%. But revenue moved higher, from 26% to 29%.
Archrock earns the No. 1 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. TechnipFMC and Chart Industries are also among the group's highest-rated stocks.
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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