In a welcome move, Energy Transfer saw its Relative Strength Rating rise from 68 to 71 on Friday.
This exclusive rating from Investor's Business Daily 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.
Over 100 years of market history shows that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Energy Transfer can continue to rebound and clear that threshold.
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Energy Transfer is not currently showing a potential buy point. See if the stock goes on to form a chart pattern that could ignite a new run.
Taking a look at revenue and profit performance, Energy Transfer has posted rising EPS growth in each of the last two reports. Revenue gains have not followed the same trajectory, coming in at 0% in the most recent quarterly report.
Energy Transfer earns the No. 14 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Energy Svcs of America, Oneok and DT Midstream are among the top 5 highly rated stocks within the group.
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