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IBD Rating Upgrades: Genesee & Wyoming Flashes Improved Price Strength

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The Relative Strength ( RS ) Rating for Genesee & Wyoming ( GWR ) entered a new percentile Monday, as it got a lift from 68 to 72.

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

History reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they begin their biggest runs. See if Genesee & Wyoming can continue to rebound and clear that threshold.

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Genesee & Wyoming is now considered extended and out of buy range after clearing a 74.34 buy point in a first-stage saucer with handle . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Genesee & Wyoming posted -1% earnings growth last quarter. Revenue increased 15%.

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