The Relative Strength (RS) Rating for Portland General Electric moved up into a higher percentile Friday, as it got a lift from 69 to 76.
IBD's proprietary rating identifies share price performance 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.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 in the early stages of their moves. See if Portland General Electric can continue to show renewed price strength and hit that benchmark.
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Portland General Electric is working on a consolidation with a 49.85 entry. See if it can break out in volume at least 40% above average.
The company posted -49% EPS growth in its most recent report. Sales increased 14%. The next quarterly results are expected on or around Apr. 25.
Portland General Electric holds the No. 13 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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