On Monday, USA Compression Partners reached an important technical milestone, with its Relative Strength (RS) Rating moving into the 80-plus percentile with an upgrade to 82, an increase from 78 the day before.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating in the early stages of their moves.
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While it's not currently an ideal time to invest, see if the stock is able to form a consolidation and break out.
Earnings growth picked up last quarter from 44% to 800%. But revenue gains fell from 11% to 9%.
The company holds the No. 2 rank among its peers in the Oil & Gas-Field Services industry group. USA Compression Partners is the top-ranked stock 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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