The Latest Breaking News from SolarEdge Technologies

SolarEdge stock sees its Relative Strength Rating hit the 80-plus level.

The solar industry enjoyed impressive growth over the past decade but is now facing heightened volatility due to price fluctuations, declining solar installations, and supply chain disruptions. Hence, fundamentally weak solar stocks SolarEdge Technologies (SEDG), Sunrun (RUN), Sunnova (NOVA), and Beam Global (BEEM) might be best avoided now. Read on….

SolarEdge Technologies shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 71 to 82.

A Relative Strength Rating upgrade for SolarEdge Technologies shows improving technical performance.

SolarEdge Technologies shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 82.

Gainers

Upgrades

 

The Dow Jones gained after Federal Reserve Chairman Jerome Powell gave guidance on rate hikes. Microsoft and Google earnings impressed.

Solaredge Technologies saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before.

Shares of several solar-related companies, including SolarEdge Technologies Inc (NASDAQ: SEDG), are trading higher amid a report President Biden will issue a proclamation allowing the import of solar panels from several countries without tariffs for 24 months.