Equinor ADR had its Relative Strength (RS) Rating upgraded from 64 to 75 Wednesday — a welcome improvement, but still below the 80 or higher score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating of at least 80 as they launch their biggest price moves. See if Equinor ADR can continue to show renewed price strength and hit that benchmark.
Equinor ADR is trying to complete a flat base with a 28.27 entry. See if the stock can clear the breakout price in heavy volume.
While revenue growth fell last quarter from 19% to -2%, the bottom line grew -24%, up from -31% in the previous report.
The company holds the No. 5 rank among its peers in the Oil & Gas-Integrated industry group. EQT is the No. 1-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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