On Monday, Golar LNG got a positive adjustment to its Relative Strength (RS) Rating, from 70 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating of at least 80 as they launch their biggest price moves. See if Golar LNG can continue to show renewed price strength and clear that threshold.
Golar LNG is building a consolidation with a 44.36 entry. See if the stock can clear the breakout price in heavy trading.
Earnings growth fell in the company's latest report from 0% to -85%, but revenue rose from -17% to -4%.
The company holds the No. 9 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. DT Midstream, Navigator Holdings and Transportadora Gas ADR 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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