ZIM Integrated Shipping saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an increase from 77 to 83.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest climbs.
ZIM Integrated Shipping is not currently near a potential buying area. See if the stock goes on to form a promising consolidation that could kick off a new price move.
Earnings growth rose in the company's latest report from 0% to 227%, but the top line fell from 80% to 28%. The company is expected to report its latest earnings and sales numbers on or around Aug. 20.
ZIM Integrated Shipping earns the No. 4 rank among its peers in the Transportation-Ship industry group. Cap Clean Energy Carriers 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
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!
