Exelon had its Relative Strength (RS) Rating upgraded from 64 to 71 Monday — a welcome improvement, but still below the 80 or higher score you look for.
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IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Exelon can continue to rebound and hit that benchmark.
Exelon is building a flat base with a 48.11 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company showed -17% EPS growth in the latest quarterly report, while sales growth came in at 1%. Look for the next report on or around Nov. 4.
Exelon holds the No. 16 rank among its peers in the Utility-Diversified industry group. Chesapeake Utilities, WEC Energy Group and Emera 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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