ZIM Integrated Shipping had its Relative Strength (RS) Rating upgraded from 75 to 91 Thursday.
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 last 52 weeks matches up against all other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of at least 80 at the beginning of a new run.
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ZIM Integrated Shipping is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could launch a new move.
ZIM Integrated Shipping posted 0% earnings growth in the latest quarterly report. Revenue gains came in at 80%.
ZIM Integrated Shipping earns the No. 1 rank among its peers in the Transportation-Ship industry group. Euroseas and Cadeler ADR are also among the group's highest-rated stocks.
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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