Centrus Energy saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 90 to 94.
IBD's unique RS Rating tracks market leadership by showing how a stock's price action 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 80 or better RS Rating in the early stages of their moves.
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Centrus Energy is now considered extended and out of buy range after clearing a 61.35 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Centrus Energy showed 0% EPS growth last quarter, while sales growth came in at 12%.
Centrus Energy earns the No. 18 rank among its peers in the Energy-Alternative/Other industry group. Enlight Renewable Energy, Constellation Energy and GE Vernova are among the top 5 highly rated stocks within the group.
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