On Wednesday, Brookfield Renewable Ptrs received a positive adjustment to its Relative Strength (RS) Rating, from 68 to 74.
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This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matched up against all other stocks.
History shows that the best stocks often have an RS Rating of above 80 as they begin their largest climbs. See if Brookfield Renewable Ptrs can continue to rebound and clear that threshold.
Brookfield Renewable Ptrs is working on a cup without handle with a 29.56 buy point. See if the stock can break out in volume at least 40% higher than normal.
The company posted 0% EPS growth last quarter, while sales growth came in at 6%.
Brookfield Renewable Ptrs holds the No. 18 rank among its peers in the Energy-Alternative/Other industry group. Enlight Renewable Energy, Centrus Energy and GE Vernova 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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