One important metric to look for in a stock is an 80 or higher Relative Strength Rating. ZEEKR Intelligent ADR cleared that benchmark Monday, with a jump from 73 to 81 Monday.
IBD's unique RS Rating tracks 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.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
While now is not an ideal time to buy shares, see if the stock manages to offer and clear a proper buy point.
The company showed 0% earnings growth in its most recent report, while sales growth came in at 36%.
ZEEKR Intelligent ADR holds the No. 5 rank among its peers in the Auto Manufacturers industry group. Tesla is the No. 1-ranked stock within the group.
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