ZEEKR Intelligent ADR had its Relative Strength (RS) Rating upgraded from 76 to 81 Monday.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against that of all other stocks.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating of at least 80 as they launch their biggest climbs.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to offer and clear an appropriate buy point.
The company showed 0% EPS growth last quarter, while sales growth came in at 58%. Look for the next report on or around Nov. 14.
The company earns the No. 5 rank among its peers in the Auto Manufacturers industry group. General Motors is the No. 1-ranked stock within the group.
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Why Should You Use IBD's Relative Strength Rating?
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