On Friday, OGE Energy earned an upgrade to its Relative Strength (RS) Rating, from 78 to 82.
IBD's proprietary rating measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History shows that the best-performing stocks often have an RS Rating north of 80 as they begin their biggest climbs.
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OGE Energy is trying to complete a cup without handle with a 44.41 entry. See if the stock can break out in heavy trading.
The company posted -9% EPS growth in the latest quarterly report. Revenue gains came in at 2%.
OGE Energy holds the No. 12 rank among its peers in the Utility-Electric Power industry group. Talen Energy, Pampa Energia ADR and Vistra are among the top 5 highly rated stocks within the group.
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