Centrus Energy saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 90 to 93.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating at the beginning of a new price run.
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Centrus Energy has risen more than 5% past a 61.35 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Centrus Energy reported 0% EPS growth last quarter. Sales gains came in at 12%.
The company earns the No. 23 rank among its peers in the Energy-Alternative/Other industry group. Enlight Renewable Energy, Kenon Holdings and GE Vernova are among the top 5 highly rated stocks within the group.
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