JOYY ADR had its Relative Strength (RS) Rating upgraded from 88 to 91 Friday.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.
History reveals that the best-performing stocks often have an RS Rating of at least 80 as they launch their largest climbs.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to establish and enter a buy zone in heavy trade.
Earnings growth increased last quarter from -12% to 82%. But sales fell from -1% to -4%.
JOYY ADR holds the No. 7 rank among its peers in the Internet-Content industry group. Full Truck Alliance ADR, Kanzhun ADR and Tencent Music Ent ADR are among the top 5 highly rated stocks 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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