Bloom Energy had its Relative Strength (RS) Rating upgraded from 88 to 91 Thursday.
Here Are 3 Keys For Successful Stock Investing
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against the rest of the market.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of over 80 as they begin their biggest price moves.
Bloom Energy is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could launch a new move.
Bloom Energy showed 0% earnings growth in its most recent report. Sales increased 39%.
The company holds the No. 4 rank among its peers in the Energy-Alternative/Other industry group. Enlight Renewable Energy is the top-ranked stock 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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