NiSource had its Relative Strength (RS) Rating upgraded from 67 to 72 Tuesday — a welcome improvement, but still below the 80 or higher score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an 80 or better RS Rating in the early stages of their moves. See if NiSource can continue to rebound and clear that threshold.
NiSource is trying to complete a flat base with a 41.45 entry. See if it can break out in heavy volume.
Top and bottom line growth moved higher last quarter. Earnings were up 15%, compared to -8% in the prior report. Revenue increased from 12% to 28%. The next quarterly numbers are expected on or around Jul. 30.
NiSource earns the No. 3 rank among its peers in the Utility-Diversified industry group. NRG Energy is the No. 1-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 Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
