Trip.com Group ADR saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 70 to 75.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of at least 80 as they launch their biggest climbs. See if Trip.com Group ADR can continue to rebound and clear that threshold.
While the stock is not near an ideal buying range right now, see if it goes on to form and break out of a proper chart pattern.
Earnings grew 1% last quarter, up from -1% in the prior report. Revenue also increased, from 16% to 18%.
The company holds the No. 5 rank among its peers in the Leisure-Travel Booking industry group. Expedia Group is the top-ranked stock 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