The Relative Strength (RS) Rating for Li Auto ADR entered a new percentile Monday, as it got a lift from 68 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or better RS Rating as they begin their largest price moves. See if Li Auto ADR can continue to rebound and clear that threshold.
While the stock is not near a proper buy point right now, see if it is able to form and break out from a proper base.
The company posted -13% EPS growth in its most recent report. Revenue rose 3%.
Li Auto ADR earns the No. 7 rank among its peers in the Auto Manufacturers industry group. Ferrari, XPeng ADR and General Motors are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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