EQT Earns Relative Strength Rating Upgrade

The Relative Strength (RS) Rating for EQT (EQT) moved up into a new percentile Friday, as it got a lift from 69 to 72.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique rating identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves. See if EQT can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

EQT is working on a consolidation with a 23.34 entry. See if the stock can clear the breakout price in heavy trade.

Taking a look at top and bottom line numbers, the company has posted four quarters of increasing earnings growth. Revenue gains have been less impressive, coming in at -149% last quarter. EQT is expected to report its next quarterly numbers on or around Oct. 22.

The company holds the No. 18 rank among its peers in the Oil & Gas-Integrated industry group. Williams Companies (WMB) and Equinor ASA Adr (EQNR) are also among the group’s highest-rated stocks.


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