On Monday, Pony AI ADR got a positive adjustment to its Relative Strength (RS) Rating, from 88 to 94.
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This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against all other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves.
Pony AI ADR has climbed more than 5% past a 16.32 entry in a first-stage consolidation, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company showed 0% EPS growth in its most recent report, while sales growth came in at 76%.
The company holds the No. 23 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Aptiv and Visteon 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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