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Enphase Energy Stock Shows Rising Relative Strength, Hitting 90+

·1 min read
Enphase Energy Stock Shows Rising Relative Strength, Hitting 90+
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On Friday, Enphase Energy cleared an important performance benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 94, up from 88 the day before. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's proprietary RS Rating identifies 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.