Black Hills had its Relative Strength (RS) Rating upgraded from 69 to 74 Monday — a welcome improvement, but still short of the 80 or better score you look for.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest price moves. See if Black Hills can continue to rebound and clear that threshold.
Can You Really Time The Stock Market?
Black Hills is trying to complete a cup with handle with a 61.99 entry. See if it can clear the breakout price in volume at least 40% above average.
Black Hills saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -48% to 17%. Revenue rose from -1% to 1%.
Black Hills earns the No. 19 rank among its peers in the Utility-Diversified industry group. Ameren Corp, Chesapeake Utilities and Alliant Energy 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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