Bilibili ADR had its Relative Strength (RS) Rating upgraded from 87 to 91 Wednesday.
Here Are 3 Keys For Successful Stock Investing
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 at the beginning of a new price run.
Bilibili ADR has climbed more than 5% past a 21.34 entry in a second-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Bilibili ADR posted 0% EPS growth in the latest quarterly report, while sales growth came in at 23%. The company is expected to report its latest performance numbers on or around Aug. 14.
Bilibili ADR earns the No. 6 rank among its peers in the Internet-Content industry group. Kanzhun ADR, Pinterest and Full Truck Alliance 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.
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