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Anadarko Petroleum Scores Relative Strength Rating Upgrade; Hits Key Threshold

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Anadarko Petroleum ( APC ) had its Relative Strength ( RS ) Rating upgraded from 78 to 83 Thursday.

[ibd-display-video id=2102289 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.

Decades of market research reveals that the best stocks often have an 80 or better RS Rating as they launch their biggest runs.

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Anadarko Petroleum is building a cup with handle with a 62.61 entry . See if the stock can break out in heavy volume.

Earnings growth moved up in the company's latest report from 0% to 136%, but revenue fell from 32% to 23%.

The company earns the No. 10 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. Viper Energy Partners ( VNOM ), Ring Energy ( REI ) and Diamondback Energy ( FANG ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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