CleanSpark had its Relative Strength (RS) Rating upgraded from 86 to 91 Thursday.
How To Use Stock Charts To Stay Profitable And Protected
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating of above 80 at the beginning of a new price run.
CleanSpark has moved more than 5% past an 11.04 entry in a third-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
CleanSpark reported 0% EPS growth in the latest quarterly report. Sales increased 63%.
The company holds the No. 31 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, IREN and Jiayin Group ADR are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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