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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

TotalEnergies ADR Getting Closer To Key Technical Measure

TotalEnergies ADR had its Relative Strength (RS) Rating upgraded from 68 to 72 Wednesday — a welcome improvement, but still shy of the 80 or better score you look for.

This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matched up against all other stocks.

Decades of market research shows that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if TotalEnergies ADR can continue to rebound and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

TotalEnergies ADR is building a consolidation with a 74.97 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.

While the company's top line growth fell last quarter from -13% to -14%, EPS grew -12%, up from -33% in the prior report.

The company earns the No. 12 rank among its peers in the Oil & Gas-Integrated industry group. Antero Midstream, EQT and Williams Cos 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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