EnerSys saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 67 to 72.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of above 80 in the early stages of their moves. See if EnerSys can continue to show renewed price strength and hit that benchmark.
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EnerSys is working on a consolidation with a 104.36 entry. See if the stock can clear the breakout price in heavy volume.
In terms of top and bottom line numbers, the company has posted rising EPS growth over the last two quarters. Sales growth has also moved higher over the same time frame.
EnerSys holds the No. 2 rank among its peers in the Electrical Power/Equipment industry group. AZZ 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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