On Monday, Nebius Group Cl A earned a positive adjustment to its Relative Strength (RS) Rating, from 89 to 93.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against the rest of the market.
History shows that the best-performing stocks often have an RS Rating of over 80 at the beginning of a new climb.
How To Use Stock Charts To Stay Profitable And Protected
Nebius Group Cl A is not currently near a potential buy zone. See if the stock goes on to form a chart pattern that could ignite a new run.
Nebius Group Cl A showed 0% earnings growth in the latest quarterly report, while sales growth came in at 466%.
The company holds the No. 25 rank among its peers in the Internet-Content industry group. Full Truck Alliance ADR, Kanzhun ADR and Meta Platforms 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!