The Relative Strength (RS) Rating for FirstEnergy moved up into a higher percentile Friday, as it got a lift from 69 to 79.
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the top-performing stocks often have an RS Rating of at least 80 in the early stages of their moves. See if FirstEnergy can continue to rebound and clear that threshold.
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FirstEnergy is working on a consolidation with a 44.97 entry. See if it can clear the breakout price in heavy trading.
Earnings growth picked up last quarter from -3% to 8%. But sales fell from 7% to -5%. Look for the next report on or around Apr. 23.
FirstEnergy earns the No. 14 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.
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