On Friday, Autohome stock got a positive adjustment to its Relative Strength (RS) Rating, from 67 to 80.
This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.
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Is Autohome Stock A Buy?
Since reclaiming its 50- and 200-day moving averages in early September, Autohome stock has been rallying higher the above average volume. While the stock is not near an ideal entry right now, see if it is able to form and break out from a proper chart pattern.
In terms of fundamentals, the company has posted two quarters of increasing earnings growth. Sales growth has also increased over the same time frame.
Autohome stock earns the No. 14 rank among its peers in the Internet-Content industry group. Meta Platforms, CarGurus Cl A and Weave Communications are among the top 5 highly rated stocks within the group.
