In a welcome move, NiSource saw its Relative Strength Rating rise from 66 to 71 on Monday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they launch their biggest climbs. See if NiSource can continue to show renewed price strength and hit that benchmark.
NiSource is building a flat base with a 41.45 entry. See if it can break out in heavy trade.
Earnings grew 15% last quarter, up from -8% in the prior report. Revenue also increased, from 12% to 28%. Keep an eye out for the company's next round of numbers on or around Jul. 30.
NiSource holds the No. 2 rank among its peers in the Utility-Diversified industry group. NRG Energy is the top-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.
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