On Tuesday, Pampa Energia ADR got a positive adjustment to its Relative Strength (RS) Rating, from 90 to 95.
IBD's proprietary rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks tend to have an 80 or better RS Rating as they launch their biggest climbs.
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Pampa Energia ADR has climbed more than 5% past a 52.16 entry in a fifth-stage consolidation, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Pampa Energia ADR posted 0% earnings growth in the latest quarterly report, while sales growth came in at 106%. Keep an eye out for the company's next round of numbers on or around May 7.
The company holds the No. 1 rank among its peers in the Utility-Electric Power industry group. TXNM Energy and OGE Energy are also among the group's highest-rated stocks.
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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