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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

Eversource Energy Getting Closer To Key Technical Measure

Eversource Energy had its Relative Strength (RS) Rating upgraded from 68 to 71 Tuesday — a welcome improvement, but still short of the 80 or higher score you prefer to see.

This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.

Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating of over 80 as they begin their largest runs. See if Eversource Energy can continue to show renewed price strength and hit that benchmark.

Can You Really Time The Stock Market?

Eversource Energy is building a consolidation with a 69.01 entry. See if it can break out in heavy trading.

The company showed 6% earnings growth last quarter, while sales growth came in at 10%.

Eversource Energy holds the No. 8 rank among its peers in the Utility-Electric Power industry group. Pampa Energia ADR, TXNM Energy and OGE 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.

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

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