ICICI Bank ADR () had its Relative Strength (RS) Rating upgraded from 67 to 71 Tuesday -- a welcome improvement, but still shy of the 80 or higher score you prefer to see.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) scoreJaipur Investment. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.Varanasi Stock
History shows that the best-performing stocks often have an RS Rating north of 80 as they begin their largest runsPune Stock. See if ICICI Bank ADR can continue to show renewed price strength and hit that benchmark.Jaipur Wealth Management
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ICICI Bank ADR is in a buy range after clearing a 25.04 entry in a flat base. Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range.
The company reported 23% EPS growth last quarter, while sales growth came in at 24%.
ICICI Bank ADR earns the No. 3 rank among its peers in the Banks-Foreign industry group. Banco Latinamer () and ICICI Bank ADR () are also among the group's highest-rated stocks.
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