On Friday, Chesapeake Utilities got a positive adjustment to its Relative Strength (RS) Rating, from 69 to 72.
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 as they begin their biggest climbs. See if Chesapeake Utilities can continue to rebound and hit that benchmark.
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Chesapeake Utilities 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.
Earnings growth moved up in the company's latest report from -4% to 16%, but sales fell from 23% to 22%.
The company earns the No. 2 rank among its peers in the Utility-Diversified industry group. NiSource is the top-ranked stock within the group.
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