The Relative Strength (RS) Rating for American States Water entered a higher percentile Tuesday, as it got a lift from 70 to 79.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the top-performing stocks typically have an 80 or higher RS Rating as they begin their largest climbs. See if American States Water can continue to show renewed price strength and hit that benchmark.
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American States Water is working on a cup without handle with an 87.50 entry. See if the stock can clear the breakout price in heavy trade.
In terms of top and bottom line numbers, American States Water has posted two quarters of rising earnings growth. Revenue growth has also increased during the same period.
The company holds the No. 4 rank among its peers in the Utility-Water Supply industry group. SABESP ADR is the top-ranked stock 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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