On Monday, Western Midstream Ptrs hit a noteworthy performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 82, up from 79 the day before.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History shows that the best stocks often have an 80 or better RS Rating in the early stages of their moves.
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Western Midstream Ptrs is working on a flat base with a 43.33 buy point. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth increased last quarter from 6% to 15%. But sales fell from 14% to 8%.
The company earns the No. 3 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Oneok is the top-ranked stock 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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