ICICI Bank ADR saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 66 to 75.
IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves. See if ICICI Bank ADR can continue to rebound and hit that benchmark.
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ICICI Bank ADR is building a flat base with a 32.14 buy point. See if the stock can break out in heavy trade.
ICICI Bank ADR posted 14% earnings growth last quarter. Sales increased 22%.
ICICI Bank ADR holds the No. 1 rank among its peers in the Banks-Foreign industry group. Banco Santander-Chile ADR and Credicorp are also among the group's highest-rated stocks.
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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