When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD’s proprietary rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock’s price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they begin their largest price moves. See if Niu Techno can continue to rebound and clear that threshold.
While Niu Techno is not near a proper entry right now, see if it is able to form and break out from a proper consolidation.
Earnings grew 75% last quarter, up from 0% in the prior report. Revenue also increased, from 34% to 154%.
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