Coupang saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 64 to 75.
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This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Coupang can continue to rebound and clear that threshold.
Coupang is working on a consolidation with a 25.80 buy point. See if it can clear the breakout price in heavy volume.
The company showed -50% EPS growth last quarter, while sales growth came in at 21%. The next quarterly results are expected on or around May 6.
The company holds the No. 15 rank among its peers in the Retail-Internet industry group. Sea ADR, DoorDash and Liquidity Services 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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