On Tuesday, ZEEKR Intelligent ADR reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 86, up from 78 the day before.
IBD's proprietary rating measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
ZEEKR Intelligent ADR is trying to complete a consolidation with a 32.76 buy point. See if the stock can break out in volume at least 40% above average.
ZEEKR Intelligent ADR reported 0% EPS growth last quarter, while sales growth came in at 36%. Look for the next report on or around Feb. 26.
ZEEKR Intelligent ADR earns the No. 5 rank among its peers in the Auto Manufacturers industry group. Ferrari is the No. 1-ranked stock within the group.
RELATED:
Automotive Industry News, Self-Driving Cars And Stocks To Watch
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
