Bilibili ADR saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an increase from 78 to 85.
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves.
Risk Management In The Stock Market: How Much Money To Invest Now
Bilibili ADR is not currently near a potential buying area. See if the stock goes on to form a base that could spark a new run.
Bilibili ADR posted 0% earnings growth last quarter. Sales increased 31%.
The company earns the No. 16 rank among its peers in the Internet-Content industry group. Full Truck Alliance ADR, Alphabet Cl C and Alphabet Cl A are among the top 5 highly rated stocks within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
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!
