The Relative Strength (RS) Rating for Dominion Energy jumped into a new percentile Tuesday, with an increase from 79 to 82.
IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest runs.
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Dominion Energy is trying to complete a consolidation with a 61.97 entry. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth rose in the company's latest report from 25% to 38%, but the top line fell from 3% to -4%. Keep an eye out for the company's next round of numbers on or around May 1.
The company earns the No. 8 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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