On Thursday, KE Holdings stock hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 81, up from 70 the day before.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the top-performing stocks often have an 80 or better RS Rating as they launch their biggest price moves.
See How IBD Helps You Make More Money In Stocks
Is KE Holdings Stock A Buy?
KE Holdings stock is building a tight consolidation with a 21.08 entry. See if the real estate stock can break out in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The real estate developer posted 0% EPS growth in its most recent report. Sales rose 31%.
KE Holdings stock holds the No. 2 rank among its peers in the Real Estate-Development/Operations industry group. KE Holdings and FirstService are also among the group's highest-rated stocks.
