ZTO Express (Cayman) (ZTO) stock had its Relative Strength (RS) Rating upgraded from 67 to 74 Tuesday — a welcome improvement, but still short of the 80 or better score you look for.
↑ XIBD's proprietary rating identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they begin their biggest climbs. See if ZTO Express (Cayman) stock can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
ZTO Express (Cayman) stock has moved more than 5% past a 22.97 entry in a first-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings grew 12% last quarter, up from 9% in the prior report. Revenue also increased, from 5% to 10%.
ZTO Express (Cayman) stock earns the No. 1 rank among its peers in the Transportation-Logistics industry group. CH Robinson Worldwide (CHRW) and XPO (XPO) are also among the group's highest-rated stocks.
YOU MAY ALSO LIKE:
MarketSurge's Tools Can Help The Individual Investor
IBD Live: A New Tool For Daily Stock Market Analysis
Profit From Short-Term Trends With SwingTrader
How To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。