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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

IBD Rating Upgrades: JinkoSolar Holding ADR Flashes Improved Relative Price Strength

JinkoSolar Holding ADR had its Relative Strength (RS) Rating upgraded from 68 to 76 Friday — a welcome improvement, but still shy of the 80 or higher score you look for.

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 movement over the last 52 weeks holds up against all the other stocks in our database.

History reveals that the top-performing stocks typically have an 80 or higher RS Rating as they launch their biggest runs. See if JinkoSolar Holding ADR can continue to rebound and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

JinkoSolar Holding ADR is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could kick off a new price move.

While earnings growth decreased in the company's most recent performance report from 0% to -98%, revenue rose -20%, up from -22% in the prior report. The company is expected to report its latest results on or around Mar. 26.

The company earns the No. 4 rank among its peers in the Energy-Solar industry group. Nextracker is the top-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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