The Relative Strength (RS) Rating for Opera ADR moved up into a new percentile Tuesday, as it got a lift from 66 to 72.
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This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
History reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Opera ADR can continue to show renewed price strength and clear that threshold.
Opera ADR is building a cup with handle with a 20.65 entry. See if the stock can clear the breakout price in volume at least 40% above average.
The company posted 13% EPS growth in its most recent report. Sales increased 30%.
The company earns the No. 15 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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