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The Relative Strength (RS) Rating for Vipshop Holdings ADR (VIPS) entered a new percentile Wednesday, with an increase from 78 to 82. This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database. History reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their biggest climbs. Vipshop Holdings ADR has risen more than 5% past a 16.66 entry in a first-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line. 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%. Keep an eye out for the company's next round of numbers on or around Nov. 13. The company holds the No. 12 rank among its peers in the Retail-Internet industry group. DoorDash (DASH), Amazon.com (AMZN) and Sea ADR (SE) 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.
