The Relative Strength (RS) Rating for Antero Midstream entered a new percentile Thursday, with a rise from 78 to 81.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.
History shows that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a chart pattern and break out.
Top and bottom line growth moved higher last quarter. Earnings were up 8%, compared to 0% in the prior report. Revenue increased from 2% to 10%.
Antero Midstream earns the No. 1 rank among its peers in the Oil & Gas-Integrated industry group. YPF ADR and EQT are also among the group's highest-rated stocks.
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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