In a welcome move, Spire saw its Relative Strength Rating rise from 67 to 72 on Friday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to 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 RS Rating of over 80 as they launch their biggest climbs. See if Spire can continue to rebound and hit that benchmark.
Spire is trying to complete a flat base with a 79.81 buy point. See if the stock can break out in volume at least 40% above average.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 4%, compared to -9% in the prior report. Revenue increased from -12% to -7%.
The company earns the No. 10 rank among its peers in the Utility-Gas Distribution industry group. National Fuel Gas, Excelerate Energy and Atmos 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.
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