On Tuesday, Qifu Technology ADR hit a noteworthy technical benchmark, with its Relative Strength (RS) Rating climbing into the 90-plus percentile with an improvement to 91, a rise from 88 the day before.
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This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their largest price moves.
Qifu Technology ADR is trying to complete a cup with handle with a 47.00 buy point. See if the stock can clear the breakout price in heavy trade.
Earnings growth decreased in the company's most recent report from 85% to 77%, but sales rose from -3% to 12%.
Qifu Technology ADR holds the No. 9 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, IREN and Jiayin Group ADR 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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