On Monday, SolarEdge Technologies received an upgrade to its Relative Strength (RS) Rating, from 87 to 91.
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This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks often have an RS Rating north of 80 at the beginning of a new run.
SolarEdge Technologies is not currently showing a potential entry point. See if the stock goes on to form a chart pattern that could spark a new run.
The company reported 0% EPS growth last quarter. Revenue rose 7%.
The company holds the No. 6 rank among its peers in the Energy-Solar industry group. Nextracker, SunRun and Enphase Energy 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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