In a welcome move, WEC Energy Group saw its Relative Strength Rating rise from 69 to 73 on Thursday.
IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating of at least 80 as they begin their largest climbs. See if WEC Energy Group stock can continue to rebound and hit that benchmark.
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Is WEC Energy Group Stock A Buy?
WEC Energy Group stock is not currently showing a potential entry point. See if the stock goes on to form a sound pattern that could launch a new move.
While earnings growth decreased in the company's most recently reported quarter from 22% to -27%, the top line grew -3%, up from -7% in the previous report.
WEC Energy stock earns the No. 5 rank among its peers in the Utility-Diversified industry group. Duke Energy is the top-ranked stock within the group.
