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Genesee & Wyoming Sees Relative Strength Rating Rise To 73

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Genesee & Wyoming ( GWR ) had its Relative Strength ( RS ) Rating upgraded from 68 to 73 Wednesday -- a welcome improvement, but still short of the 80 or better score you prefer to see.

[ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they begin their biggest climbs. See if Genesee & Wyoming can continue to rebound and hit that benchmark.

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Genesee & Wyoming has moved more than 5% past a 74.34 entry in a first-stage saucer with handle , meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.

The company posted -1% earnings growth last quarter. Revenue rose 15%.

Genesee & Wyoming earns the No. 7 rank among its peers in the Transportation-Rail industry group. Union Pacific ( UNP ), Norfolk Southern ( NSC ) and Canadian Pacific Railway ( CP ) 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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