MINISO Group Holding ADR had its Relative Strength (RS) Rating upgraded from 80 to 86 Friday.
Looking For The Best Stocks To Buy And Watch? Start Here
This unique rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest runs.
MINISO Group Holding ADR is working on a cup without handle with a 27.71 buy point. See if it can break out in heavy volume.
Earnings growth increased last quarter from 11% to 17%. But revenue gains fell from 19% to 18%. Keep an eye out for the company's next round of numbers on or around May 23.
The company earns the No. 1 rank among its peers in the Retail-Discount & Variety industry group. BJ's Wholesale Club and Five Below are also among the group's highest-rated stocks.
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!
