Clearway Energy (CWEN)'s Technical Outlook is Bright After Key Golden Cross

Group 1 - Clearway Energy, Inc. (CWEN) has reached an important support level and recently experienced a "golden cross," indicating a potential bullish breakout [1][2] - A golden cross occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), suggesting stronger breakouts [2] - The golden cross pattern consists of three stages: a downtrend followed by a crossover and then an upward price movement [3] Group 2 - CWEN shares have increased by 11.2% over the past four weeks, and the company holds a 3 (Hold) rating on the Zacks Rank, indicating potential for further gains [4] - The positive earnings outlook for CWEN is supported by two upward revisions in earnings estimates over the past 60 days, with the Zacks Consensus Estimate also increasing [4][6] - Given the positive technical indicators and earnings revisions, CWEN may present a favorable investment opportunity for future gains [6]