In a welcome move, Autohome ADR saw its Relative Strength Rating rise from 61 to 73 on Monday.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an 80 or better RS Rating as they launch their biggest runs. See if Autohome ADR can continue to show renewed price strength and clear that threshold.
Can You Really Time The Stock Market?
While Autohome ADR is not near an ideal buying range right now, see if it goes on to form and break out from a proper chart pattern.
Earnings growth moved up in the company's latest report from -13% to -5%, but sales fell from -3% to -9%.
Autohome ADR holds the No. 23 rank among its peers in the Internet-Content industry group. Tencent Music Ent ADR, Meta Platforms and Bilibili ADR 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
