Honda Motor ADR saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 68 to 72.
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of at least 80 as they launch their largest runs. See if Honda Motor ADR can continue to show renewed price strength and clear that threshold.
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While Honda Motor ADR is not near a proper buy zone right now, see if it manages to form and break out from a proper consolidation.
While sales growth fell last quarter from 13% to -8%, earnings-per-share grew 14%, up from -56% in the prior report.
The company earns the No. 4 rank among its peers in the Auto Manufacturers industry group. Ferrari is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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