Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Stocks Showing Rising Market Leadership: Pony AI ADR Earns 82 RS Rating

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Pony AI ADR now clears that threshold, with a jump from 78 to 82 Wednesday.

This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against that of all other stocks.

Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of over 80 in the early stages of their moves.

Hone Your Stock-Picking Skills By Focusing On These Factors

Pony AI ADR is working on a consolidation with a 16.32 buy point. See if it can break out in volume at least 40% above average.

The company showed 0% EPS growth last quarter, while sales growth came in at 101%.

Pony AI ADR earns the No. 8 rank among its peers in the Auto/Truck-Original Equipment industry group. Allison Transmission, Atmus Filtration Techs and Strattec Security are among the top 5 highly rated stocks within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.