On Monday, Coupang earned an upgrade to its Relative Strength (RS) Rating, from 88 to 91.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or better RS Rating at the beginning of a new climb.
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Coupang is working on a consolidation with a 23.77 buy point. See if it can break out in heavy volume.
The company reported 0% earnings growth last quarter. Revenue gains came in at 23%.
Coupang earns the No. 6 rank among its peers in the Retail-Internet industry group. PDD Holdings ADR, Amazon.com and Liquidity Services are among the top 5 highly rated stocks within the group.
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