On Tuesday, Vistra reached an important technical benchmark, with its Relative Strength (RS) Rating moving into the 90-plus percentile with an upgrade to 93, up from 88 the day before.
Here Are 3 Keys For Successful Stock Investing
This unique 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.
History shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they begin their biggest runs.
While the stock is not near an ideal buying range right now, see if it is able to form and break out of a proper chart pattern.
Vistra reported 0% EPS growth in the latest quarterly report. Sales rose 29%.
The company earns the No. 15 rank among its peers in the Utility-Electric Power industry group. Pampa Energia ADR, OGE Energy and Southern 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.
RELATED:
Which Stocks Are Showing Improved Price Performance?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!