On Tuesday, EnerSys got a positive adjustment to its Relative Strength (RS) Rating, from 67 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating north of 80 as they launch their biggest price moves. See if EnerSys can continue to rebound and hit that benchmark.
EnerSys is trying to complete a consolidation with a 104.36 entry. See if the stock can break out in heavy trading.
EnerSys posted 5% earnings growth in the latest quarterly report, while sales growth came in at 5%.
The company holds the No. 4 rank among its peers in the Electrical Power/Equipment industry group. nVent Electric 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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