UGI saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 70 to 75.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an 80 or higher RS Rating as they begin their biggest runs. See if UGI can continue to rebound and clear that threshold.
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UGI has moved more than 5% past a 26.15 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
The company showed 0% EPS growth in its most recent report, while sales growth came in at -12%.
The company earns the No. 3 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Global Partners is the No. 1-ranked stock within the group.
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