Coupang stock had its Relative Strength (RS) Rating upgraded from 74 to 81 Thursday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves.
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Is Coupang Stock A Buy?
Coupang stock recently reclaimed its 50-day moving average and is trying to complete a consolidation with a 26.91 entry. See if the e-commerce stock can break out in volume at least 40% higher than normal.
Top and bottom line growth moved higher last quarter. Earnings were up 20%, compared to -13% in the prior report. Revenue increased from 25% to 27%. The next quarterly results are expected on or around Mar. 4.
Coupang stock earns the No. 14 rank among its peers in the Retail-Internet industry group. Amazon.com, eBay and Fiverr International are among the top 5 highly rated stocks within the group. For more industry news, check out "Retail Industry News And Stocks To Watch."
