The Relative Strength (RS) Rating for Essential Utilities climbed into a higher percentile Tuesday, as it got a lift from 68 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks stacks up against all 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 as they begin their biggest climbs. See if Essential Utilities can continue to rebound and hit that benchmark.
Essential Utilities is working on a consolidation with a 41.78 entry. See if the stock can break out in heavy volume.
Essential Utilities saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -34% to 6%. Revenue rose from 26% to 28%.
Essential Utilities earns the No. 7 rank among its peers in the Utility-Water Supply industry group. SABESP ADR, American Water Works and American States Water 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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