Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Evergy Getting Closer To Key Technical Measure

The Relative Strength (RS) Rating for Evergy climbed into a new percentile Wednesday, as it got a lift from 70 to 73.

This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Evergy can continue to show renewed price strength and hit that benchmark.

Can You Really Time The Stock Market?

Evergy is still inside a buy range after climbing above a 62.58 buy point in a flat base. The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to hold off investing and wait for it to set up another buying opportunity..

EPS growth decreased last quarter from 11% to 7%, but revenue rose from 7% to 9%.

Evergy holds the No. 5 rank among its peers in the Utility-Electric Power industry group. Pampa Energia ADR is the No. 1-ranked stock within the group.

RELATED:

Which Stocks Are Showing Rising Relative Strength?

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!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.