On Tuesday, Spire earned a positive adjustment to its Relative Strength (RS) Rating, from 68 to 75.
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This proprietary rating measures market leadership by showing how a stock's price movement 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 often have an RS Rating of at least 80 in the early stages of their moves. See if Spire can continue to rebound and clear that threshold.
Spire is building a flat base with a 79.81 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings growth declined last quarter from 4% to 0%, but revenue rose from -7% to 2%.
The company earns the No. 6 rank among its peers in the Utility-Gas Distribution industry group. National Fuel Gas, Atmos Energy and New Jersey Resources 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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