Vipshop Holdings stock saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 70 to 80.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
History shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they begin their biggest price moves.
Looking For The Best Stocks To Buy And Watch? Start Here
Is Vipshop Holdings Stock A Buy?
Vipshop Holdings stock dipped below its 200-day moving average in the last month and is not currently showing a potential buy point. See if the e-commerce stock goes on to build a base that could kick off a new climb.
In terms of top and bottom line numbers, the company has posted rising EPS growth over the last two quarters. Revenue growth has also moved higher during the same period.
Vipshop Holdings stock holds the No. 5 rank among its peers in the Retail-Internet industry group. PDD Holdings ADR and Liquidity Services are also among the group's highest-rated stocks. For more industry news, check out "Retail Industry News And Stocks To Watch."
