In a welcome move, Pembina Pipeline saw its Relative Strength Rating improve from 69 to 75 on Thursday.
When To Sell Stocks To Lock In Profits And Minimize Losses
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 last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating of at least 80 as they launch their largest runs. See if Pembina Pipeline can continue to show renewed price strength and clear that threshold.
Pembina Pipeline is working on a cup with handle with a 40.70 entry. See if it can break out in heavy trade.
The company reported -24% earnings growth in the latest quarterly report, while sales growth came in at 17%. Look for the next report on or around May 8.
Pembina Pipeline earns the No. 18 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Transportadora Gas ADR, Hess Midstream and MPLX 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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