One important metric to look for in a stock is an 80 or higher Relative Strength Rating. ZEEKR Intelligent ADR just hit that mark, with a jump from 76 to 82 Wednesday.
IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.
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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 is able to offer and clear a proper buy point.
ZEEKR Intelligent ADR showed 0% EPS growth last quarter, while sales growth came in at 36%.
The company earns the No. 5 rank among its peers in the Auto Manufacturers industry group. Tesla is the top-ranked stock within the group.
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