[ibd-display-video id=2102289 width=50 float=left autostart=true] This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to the rest of the market.
Decades of market research shows that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Hess can continue to rebound and clear that threshold.
Hess is building a cup without handle with a 65.66 entry . See if it can clear the breakout price in volume at least 40% higher than normal.
Top and bottom line growth moved higher last quarter. Earnings were up 4%, compared to 0% in the prior report. Revenue increased from -3% to 39%. The next quarterly numbers are expected on or around Jan. 25.
Hess holds the No. 16 rank among its peers in the Oil & Gas-International Exploration & Production industry group. CNOOC ( CEO ), ConocoPhillips ( COP ) and Occidental Petroleum ( OXY ) are among the top 5 highly rated stocks within the group.
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