Nano Nuclear Energy had its Relative Strength (RS) Rating upgraded from 88 to 92 Tuesday.
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This unique rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 at the beginning of a new climb.
Nano Nuclear Energy has climbed more than 5% past a 33.40 entry in a first-stage double bottom, meaning it's now out of a proper buy range. 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 0% EPS growth last quarter, while sales growth came in at 0%.
The company earns the No. 21 rank among its peers in the Energy-Alternative/Other industry group. Bloom Energy, Enlight Renewable Energy and Kenon Holdings 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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