The Relative Strength (RS) Rating for Hubbell entered a new percentile Thursday, as it got a lift from 69 to 73.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matched up against all other stocks.
Decades of market research shows that the best-performing stocks often have an RS Rating north of 80 as they begin their largest runs. See if Hubbell can continue to rebound and clear that threshold.
Hubbell is trying to complete a consolidation with a 481.35 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 11% last quarter, up from -1% in the prior report. Revenue also increased, from -2% to 2%.
Hubbell holds the No. 5 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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