The Relative Strength (RS) Rating for PG&E moved into a higher percentile Thursday, as it got a lift from 64 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves. See if PG&E can continue to show renewed price strength and hit that benchmark.
PG&E is trying to complete a consolidation with a 21.72 buy point. See if the stock can clear the breakout price in heavy trade.
PG&E posted negative growth for both the top and bottom lines last quarter.
The company holds the No. 26 rank among its peers in the Utility-Diversified industry group. Ameren Corp, Chesapeake Utilities and Alliant Energy 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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