The Relative Strength (RS) Rating for Opera ADR moved into a new percentile Tuesday, as it got a lift from 61 to 76.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks often have an 80 or higher RS Rating as they begin their biggest runs. See if Opera ADR can continue to show renewed price strength and clear that threshold.
Opera ADR is within a buy range after breaking past a 20.65 entry in a cup with handle. The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to hold off investing and wait for it to set up another buying opportunity..
Opera ADR showed 13% earnings growth in its most recent report. Sales increased 30%. Keep an eye out for the company's next round of numbers on or around Oct. 23.
Opera ADR earns the No. 12 rank among its peers in the Internet-Content industry group. Tencent Music Ent ADR, Kanzhun ADR and Alphabet Cl C 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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