Spire had its Relative Strength (RS) Rating upgraded from 70 to 73 Friday — a welcome improvement, but still below the 80 or better score you look for.
IBD's unique rating 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 top-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Spire can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While the stock is not near a proper buy zone right now, see if it manages to form and break out of a proper base.
The company showed 0% EPS growth in its most recent report. Revenue gains came in at -5%. Look for the next report on or around Jan. 30.
The company holds the No. 5 rank among its peers in the Utility-Gas Distribution industry group. Atmos Energy is the No. 1-ranked stock within the group.
RELATED:
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
