The Relative Strength (RS) Rating for Li Auto ADR moved into a higher percentile Wednesday, as it got a lift from 69 to 72.
IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an 80 or higher RS Rating as they launch their largest climbs. See if Li Auto ADR can continue to show renewed price strength and hit that benchmark.
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Li Auto ADR is building a consolidation with a 31.04 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Top and bottom line growth moved higher last quarter. Earnings were up 16%, compared to -44% in the prior report. Revenue increased from 10% to 29%. Keep an eye out for the company's next round of numbers on or around Feb. 21.
Li Auto ADR holds the No. 6 rank among its peers in the Auto Manufacturers industry group. Ferrari, XPeng ADR and Tesla are among the top 5 highly rated stocks within the group.
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