Spire had its Relative Strength (RS) Rating upgraded from 66 to 71 Monday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating 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 best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Spire can continue to rebound and hit that benchmark.
Spire is in a buying range after breaking past a 79.81 entry in a flat base. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to hold off investing and wait for it to set up another buying opportunity..
Earnings growth fell last quarter from 4% to 0%. But revenue gains moved higher, from -7% to 2%.
Spire earns the No. 7 rank among its peers in the Utility-Gas Distribution industry group. National Fuel Gas, Atmos Energy and Northwest Natural 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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