These 2 Auto Stocks Are Beginning To Lose Strength: Momentum Score Drops - Polestar Automotive (NASDAQ:PSNYW)
Two auto stocks are seeing their strength fade over the past week, with their Momentum scores in Benzinga’s Edge Stock Rankings witnessing steep declines. 2 Auto Stocks With A Dip In MomentumIn Benzinga’s Edge Rankings, the Momentum score is calculated based on the relative strength of a stock and is ranked as a percentile against all other stocks. It takes into account the price movements and volatility across multiple time frames before arriving at the relevant figure. See Also: 3 Bloated Software Stocks ...