Western Midstream Ptrs saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 69 to 76.
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies 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 best-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Western Midstream Ptrs can continue to show renewed price strength and clear that threshold.
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Western Midstream Ptrs is building a consolidation with a 42.80 entry. See if it can clear the breakout price in volume at least 40% above average.
The company showed 6% earnings growth last quarter. Sales increased 14%.
Western Midstream Ptrs earns the No. 4 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Oneok is the No. 1-ranked stock within the group.
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