On Friday, Atmos Energy earned an upgrade to its Relative Strength (RS) Rating, from 68 to 73.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Atmos Energy can continue to show renewed price strength and hit that benchmark.
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Atmos Energy has climbed more than 5% past a 121.48 entry in a first-stage flat base, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company posted 8% EPS growth last quarter, while sales growth came in at -100%.
The company holds the No. 2 rank among its peers in the Utility-Gas Distribution industry group. Excelerate Energy is the top-ranked stock within the group.
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