The Relative Strength (RS) Rating for Pony AI stock entered a new percentile Tuesday, with an increase from 79 to 86.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against that of all other stocks.
Over 100 years of market history shows that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves.
Is Pony AI Stock A Buy?
While the Chinese AI tech stock is not near a proper buying range right now, see if it is able to form and break out from a proper consolidation.
The AI-driven robotaxi service company posted 0% earnings growth in the latest quarterly report. Revenue increased 76%.
Pony AI stock holds the No. 25 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Visteon and Adient are among the top 5 highly rated stocks within the group.
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