The Relative Strength (RS) Rating for Ormat Technologies moved up into a new percentile Tuesday, as it got a lift from 68 to 71.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks tend to have an RS Rating north of 80 as they begin their largest price moves. See if Ormat Technologies can continue to rebound and hit that benchmark.
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Ormat Technologies is building a consolidation with an 84.30 buy point. See if the stock can clear the breakout price in heavy volume.
Earnings growth increased last quarter from -11% to 7%. But revenue gains fell from 2% to -4%.
The company holds the No. 4 rank among its peers in the Energy-Alternative/Other industry group. Clearway Energy Cl C 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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