Zhihu Shows Market Leadership With Jump To 82 RS Rating

On Tuesday, Zhihu (ZH) reached an important technical milestone, with its Relative Strength (RS) Rating jumping into the 80-plus percentile with an upgrade to 82, a rise from 72 the day before.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the last 52 weeks holds up against all the other stocks in our database.

History reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.

Looking For Winning Stocks? Try This Simple Routine

Zhihu has moved more than 5% past an 11.10 entry in a first-stage cup without handle, meaning it’s now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.

EPS growth decreased in the company’s most recent report from 0% to -20%, but the top line rose from 147% to 175%. Look for the next report on or around Jul. 28.

Zhihu holds the No. 13 rank among its peers in the Internet-Content industry group. Alphabet (GOOG) and Alphabet (GOOGL) are also among the group’s highest-rated stocks.


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