The Relative Strength (RS) Rating for Antero Resources entered a new percentile Wednesday, as it got a lift from 66 to 75.
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IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating of over 80 as they begin their largest climbs. See if Antero Resources can continue to rebound and hit that benchmark.
While Antero Resources is not near an ideal buy zone right now, see if it goes on to form and break out from a proper base.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 205%. Revenue rose from -6% to -2%. Keep an eye out for the company's next round of numbers on or around Apr. 30.
The company holds the No. 16 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources, Gulfport Energy and LandBridge are among the top 5 highly rated stocks 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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