PPL Corp saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 68 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating of above 80 as they begin their largest climbs. See if PPL Corp can continue to rebound and hit that benchmark.
PPL Corp is still inside a buying range after climbing above a 36.70 entry in a cup without handle. The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to hold off investing and wait for it to set up another buying opportunity..
PPL Corp reported -16% earnings growth in its most recent report, while sales growth came in at 8%.
PPL Corp earns the No. 6 rank among its peers in the Utility-Electric Power industry group. Korea Electric Power ADR, American Elec Power and Entergy 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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