In a welcome move, UGI saw its Relative Strength Rating rise from 70 to 74 on Friday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating north of 80 as they launch their biggest price moves. See if UGI can continue to show renewed price strength and clear that threshold.
UGI is trying to complete a flat base with a 37.42 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
UGI reported 0% earnings growth last quarter, while sales growth came in at 1%.
The company holds the No. 9 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Par Pacific Holdings, Targa Resources and HF Sinclair 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:
IBD Stock Rating Upgrades: Rising Relative Strength
