Fluence Energy had its Relative Strength (RS) Rating upgraded from 61 to 71 Monday — a welcome improvement, but still shy of the 80 or better score you look for.
This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest runs. See if Fluence Energy can continue to rebound and clear that threshold.
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Fluence Energy is working on a consolidation with a 23.21 buy point. See if it can break out in heavy trading.
The company reported 0% earnings growth in its most recent report, while sales growth came in at -10%. The company is expected to report its latest performance numbers on or around Nov. 25.
The company earns the No. 10 rank among its peers in the Energy-Alternative/Other industry group. Kenon Holdings, GE Vernova and Constellation Energy are among the top 5 highly rated stocks within the group.
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