Spire had its Relative Strength (RS) Rating upgraded from 68 to 72 Wednesday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest price moves. See if Spire can continue to rebound and clear that threshold.
Spire is still within a buying range after climbing above a 79.81 buy point in a flat base. Once a stock moves 5% or higher beyond the initial entry, it's considered extended and out of buy range.
Earnings growth decreased last quarter from 4% to 0%. But revenue gains moved higher, from -7% to 2%.
The company holds the No. 5 rank among its peers in the Utility-Gas Distribution industry group. National Fuel Gas 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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