On Wednesday, YPF ADR earned an upgrade to its Relative Strength (RS) Rating, from 86 to 91.
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This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
History shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating at the beginning of a new climb.
YPF ADR has moved more than 5% past a 24.64 entry in a fourth-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
YPF ADR reported 0% EPS growth last quarter, while sales growth came in at 7%.
YPF ADR earns the No. 6 rank among its peers in the Oil & Gas-Integrated industry group. EQT, Williams Cos and Antero Midstream 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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