Xcel Energy saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 70 to 74.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to 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 as they begin their biggest price moves. See if Xcel Energy can continue to rebound and clear that threshold.
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Xcel Energy is working on a flat base with a 73.38 entry. See if it can clear the breakout price in volume at least 40% above average.
The company showed -35% EPS growth in its most recent report, while sales growth came in at 0%. The next quarterly numbers are expected on or around Feb. 6.
The company holds the No. 13 rank among its peers in the Utility-Diversified industry group. NiSource, Ameren Corp and NRG Energy are among the top 5 highly rated stocks within the group.
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