The Relative Strength (RS) Rating for YPF ADR entered a new percentile Thursday, with an increase from 80 to 87.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Decades of market research reveals that the best stocks often have an 80 or better RS Rating in the early stages of their moves.
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YPF ADR is now considered extended and out of buy range after clearing a 24.64 buy point in a fourth-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
YPF ADR posted 0% EPS growth in the latest quarterly report, while sales growth came in at 13%. The next quarterly results are expected on or around May 8.
YPF ADR holds the No. 4 rank among its peers in the Oil & Gas-Integrated industry group. EQT is the No. 1-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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