The Relative Strength (RS) Rating for EHang Holdings ADR moved into a new percentile Monday, as it got a lift from 66 to 76.
Can You Really Time The Stock Market?
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
History shows that the best-performing stocks typically have an 80 or better RS Rating as they begin their biggest runs. See if EHang Holdings ADR can continue to rebound and clear that threshold.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to establish and enter a buying range in heavy trade.
EHang Holdings ADR reported 0% earnings growth last quarter. Revenue increased -58%.
EHang Holdings ADR earns the No. 51 rank among its peers in the Aerospace/Defense industry group. AAR Corp, Astronics and Espey Mfg & Elec 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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