ZEEKR Intelligent ADR saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 78 to 82.
IBD's unique RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 as they begin their biggest climbs.
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While now is not an ideal time to buy shares, see if the stock manages to establish and enter a buying range in heavy volume.
The company reported 0% EPS growth in the latest quarterly report, while sales growth came in at 58%. The next quarterly numbers are expected on or around Nov. 14.
ZEEKR Intelligent ADR holds the No. 5 rank among its peers in the Auto Manufacturers industry group. Ferrari is the No. 1-ranked stock within the group.
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