Sempra saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 70 to 73.
This exclusive rating from Investor's Business Daily tracks price action 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.
Over 100 years of market history shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Sempra can continue to rebound and clear that threshold.
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Sempra is building a cup without handle with a 95.77 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
While earnings growth fell in the prior quarter from -5% to -18%, sales grew 8%, up from -17% in the previous report.
The company holds the No. 18 rank among its peers in the Utility-Diversified industry group. Ameren Corp, Alliant Energy and Chesapeake Utilities are among the top 5 highly rated stocks within the group.
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