American States Water had its Relative Strength (RS) Rating upgraded from 68 to 71 Monday — a welcome improvement, but still below the 80 or higher score you prefer to see.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if American States Water can continue to show renewed price strength and clear that threshold.
Can You Really Time The Stock Market?
American States Water is building a cup with handle with an 81.82 entry. See if the stock can clear the breakout price in volume at least 40% above average.
In terms of fundamentals, American States Water has posted rising EPS growth in each of the last two reports. Top line growth has also moved higher during the same period.
American States Water holds the No. 4 rank among its peers in the Utility-Water Supply industry group. SABESP ADR is the No. 1-ranked stock 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!
