The Relative Strength (RS) Rating for SJW Group jumped into a new percentile Tuesday, as it got a lift from 68 to 71.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating of over 80 as they begin their biggest climbs. See if SJW Group can continue to show renewed price strength and hit that benchmark.
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SJW Group is trying to complete a consolidation with a 62.18 entry. See if it can clear the breakout price in volume at least 40% above average.
Top and bottom line growth moved higher last quarter. Earnings were up 25%, compared to 4% in the prior report. Revenue increased from 10% to 15%. The next quarterly results are expected on or around Apr. 23.
The company earns the No. 6 rank among its peers in the Utility-Water Supply industry group. Middlesex Water, American Water Works and SABESP ADR 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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