Get started
SPDR S&P Kensho Clean Power ETFSPDR S&P Kensho Clean Power ETFSPDR S&P Kensho Clean Power ETF

SPDR S&P Kensho Clean Power ETF

No trades
See on Supercharts
Overview Analysis Holdings News
Ideas
Discussions Technicals Seasonals

CNRG trade ideas

ABC BullishPossible stop below C or last pivot low (green upside down triangles are the pivot points) This an ETF which leads folks to believe it is not volatile, but it is. So catch this at a good entry level if interested. Take a look at what is inside an ETF before deciding on it's volatility or a long term hold. This one has several securities in it that I feel to be iffy so approach with caution. But we all have different opinions and is what makes the world go around...right? I plan to hang for a bit but when I see a market turn I will sell. For me this is not a forever love affair (o: But negative volume is very high indicating big money is buying this, so I did too. Go figure (o: Top 10 Holdings Daqo New Energy Corp ADR 5.04% ReneSola Ltd ADR 3.94% New Jersey Resources Corp 3.57% General Electric Co 3.43% The AES Corp 3.39% FuelCell Energy Inc 3.35% TPI Composites Inc 3.24% ALLETE Inc 3.22% Arcosa Inc 3.21% Plug Power Inc No recommendation
AMEX:CNRG
by lauralea
CNRG ETF Clean PowerKey Features: - The SPDR S&P Kensho Clean Power ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index (the “Index”) - Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the clean energy sector, which includes the areas of solar, wind, geothermal, and hydroelectric power - May provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the transition to lower emission generating power supply Inception Date: October 2018 Performance: YTD: 4.19% 1 Year: 207.07% 3 Year: n/a (Inception Year 2018) 5 Year: n/a (Inception Year 2018) Annual Dividend Rate: - 0.63% Expense Ratio: - 0.45% Top Holdings: Renesola Ltd, Daqo New Energy Corp, Fuel Cell Energy, Sun Power Corp, TPI Composites, AES Corporation, Ballard Power Systems, Plug Power, Canadian Solar, New Jersey Resources Corp, Maxeon Solar Technologies, ALLETE Inc, General Electric Company, Arcosa Inc, Enphase Energy. *Not Financial Advice What do you think? Like Follow Agree Disagree!
AMEX:CNRGLong
by Redimere_91
CNRG Aroon Indicator entered an Uptrend on June 16, 2020A buy signal is generated. I have detected that CNRG's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. I backtested this indicator and found 137 similar cases, 117 of which were successful. Based on this data, the odds of success are 85%.
AMEX:CNRGLong
by tickeron
CNRG is the best-performing clean power ETF over its lifetimeI'm highly interested in energy right now, but in the long term I'm just really worried about the oil and gas industry. Thanks to Swanson's Law, the price of solar panels continues to fall. Battery technology is also rapidly getting better, and we seem to be witnessing the mainstreaming of electric cars. According to FactSet, the "Independent Power and Renewable Electricity Producers" segment grew its earnings by an astounding 138% last year, making it the fastest-growing segment of the market. That's why I decided it's time to get in. In planning my entry, I compared nine clean energy ETFs to see which one offers the best performance over time. The second-best performer was QCLN, a passively managed FirstTrust Green Energy ETF. The reason this fund has done so well is its high exposure to Tesla, which comprises 10% of its holdings. That worries me, because Tesla's current valuation is extremely high at a forward P/E of over 70, and QCLN's forward P/E is accordingly also pretty high at over 24. It also has a pretty bad price-to-cash-flow ratio of about 13, which makes me worry about the financial health of the companies in the fund. So I was glad to find an even better performing ETF that's at a more attractive valuation: CNRG. CNRG, an SPDR "enhanced strategy" fund, is only about a year and a quarter old, so there isn't a ton of history to go on. During that time, however, it has handily beaten QCLN. Also, the fund's valuation is better by pretty much every metric, with a P/E closer to 19 and a price-to-cash-flow of about 10. That's still high, but it's more defensible than the QCLN numbers. Both funds pay about 1.2% in dividends. CNRG's largest holding is micro-cap fuel cell maker FCEL, which has rallied since a huge earnings beat last quarter. Exposure to FCEL could make this fund a lot more volatile than QCLN. Here's CNRG compared to QCLN: And here's CNRG vs. the S&P 500:
AMEX:CNRGLong
by ChristopherCarrollSmith