On Tuesday, MINISO Group Holding ADR received a positive adjustment to its Relative Strength (RS) Rating, from 68 to 74.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an 80 or better RS Rating as they launch their largest runs. See if MINISO Group Holding ADR can continue to show renewed price strength and hit that benchmark.
While MINISO Group Holding ADR is not near a proper entry right now, see if it manages to form and break out from a proper chart pattern.
Earnings growth picked up last quarter from 11% to 17%. But sales fell from 24% to 19%. Keep an eye out for the company's next round of numbers on or around May 23.
MINISO Group Holding ADR holds the No. 1 rank among its peers in the Retail-Discount & Variety industry group. BJ's Wholesale Club and Five Below are also among the group's highest-rated stocks.
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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