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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

National Grid ADR Clears Technical Benchmark, Hitting 90-Plus RS Rating

On Monday, National Grid ADR got an upgrade to its Relative Strength (RS) Rating, from 88 to 91.

This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves.

How To Use Stock Charts To Stay Profitable And Protected

National Grid ADR is building a saucer without handle with a 71.43 buy point. See if it can clear the breakout price in heavy trading.

National Grid ADR reported -48% earnings growth in the latest quarterly report. Sales rose 3%.

National Grid ADR earns the No. 18 rank among its peers in the Utility-Diversified industry group. Chesapeake Utilities, Ameren Corp and Alliant Energy 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.

RELATED:

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How Relative Strength Line Can Help You Judge A Stock

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