On Tuesday, JinkoSolar Holding ADR got a positive adjustment to its Relative Strength (RS) Rating, from 78 to 84.
This unique rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of other stocks on the major indexes.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves.
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While JinkoSolar Holding ADR is not near an ideal buy point right now, see if it manages to form and break out of a proper consolidation.
Earnings-per-share growth declined in the company's latest report from 0% to -98%, but sales rose from -22% to -20%.
JinkoSolar Holding ADR earns the No. 4 rank among its peers in the Energy-Solar industry group. First Solar is the No. 1-ranked stock within the group.
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