Antero Midstream saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an increase from 70 to 82.
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This unique rating measures 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.
Over 100 years of market history reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
Antero Midstream is building a flat base with a 19.09 buy point. See if it can break out in volume at least 40% higher than normal.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 17% to 26%. Revenue rose from 4% to 13%.
The company holds the No. 1 rank among its peers in the Oil & Gas-Integrated industry group. EQT and Imperial Oil are also among the group's highest-rated stocks.
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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