On Wednesday, JinkoSolar Holding ADR received an upgrade to its Relative Strength (RS) Rating, from 88 to 91.
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This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against the rest of the market.
History shows that the market's biggest winners tend to have an RS Rating of over 80 at the beginning of a new climb.
JinkoSolar Holding ADR is not currently near a potential buy zone. See if the stock goes on to build a sound pattern that could kick off a new price move.
The company reported 0% EPS growth in its most recent report. Revenue increased -40%. Look for the next report on or around Aug. 22.
The company earns the No. 14 rank among its peers in the Energy-Solar industry group. Nextracker, SunRun and SolarEdge Technologies 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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