The Relative Strength (RS) Rating for Pampa Energia ADR moved into a new percentile Tuesday, as it got a lift from 65 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the best-performing stocks often have an RS Rating north of 80 as they launch their biggest price moves. See if Pampa Energia ADR can continue to rebound and hit that benchmark.
Pampa Energia ADR is now considered extended and out of buy range after clearing a 52.16 buy point in a fifth-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The company reported -42% EPS growth last quarter. Sales gains came in at 4%. The next quarterly numbers are expected on or around Aug. 6.
Pampa Energia ADR holds the No. 6 rank among its peers in the Utility-Electric Power industry group. Korea Electric Power ADR, Entergy and Southern 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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