Rivian Automotive had its Relative Strength (RS) Rating upgraded from 69 to 91 Monday.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves.
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Rivian Automotive is building a cup without handle with an 18.86 entry. See if it can break out in heavy trade.
The company showed 0% earnings growth in its most recent report, while sales growth came in at -35%.
Rivian Automotive earns 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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