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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

Dominion Energy Clears Key Benchmark, Hitting 80-Plus RS Rating

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Dominion Energy cleared that benchmark Tuesday, with a jump from 70 to 82 Tuesday.

This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.

Risk Management In The Stock Market: How Much Money To Invest Now

Dominion Energy is working on a consolidation with a 61.97 entry. See if it can clear the breakout price in heavy trade.

Earnings growth increased last quarter from 25% to 38%. But sales fell from 3% to -4%.

Dominion Energy holds the No. 9 rank among its peers in the Utility-Diversified industry group. Ameren Corp, Chesapeake Utilities and Alliant Energy are among the top 5 highly rated stocks within the group.

This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.

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