Vipshop Holdings ADR had its Relative Strength (RS) Rating upgraded from 79 to 87 Wednesday.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an 80 or higher RS Rating as they begin their biggest runs.
Vipshop Holdings ADR is still inside a buy zone after clearing a 16.66 entry in a cup with handle. The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 6%, compared to -6% in the prior report. Revenue increased from -5% to -3%.
Vipshop Holdings ADR earns the No. 11 rank among its peers in the Retail-Internet industry group. DoorDash, Olo and Sea 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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