Equinor ADR saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 69 to 75.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of over 80 in the early stages of their moves. See if Equinor ADR can continue to show renewed price strength and hit that benchmark.
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While Equinor ADR is not near a proper buy point right now, see if it goes on to form and break out from a proper base.
While sales growth fell last quarter from -2% to -5%, earnings-per-share grew 0%, up from -19% in the previous report.
Equinor ADR earns the No. 12 rank among its peers in the Oil & Gas-Integrated industry group. Antero Midstream, YPF ADR and EQT 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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