Ehang Holdings Ltd Cl A Reaches 80-Plus Relative Strength Rating Benchmark

Ehang Holdings Ltd Cl A (EH) had its Relative Strength (RS) Rating upgraded from 72 to 81 Friday.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s proprietary RS Rating identifies technical performance by showing how a stock’s price movement over the last 52 weeks measures up against that of the other stocks in our database.

History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Ehang Holdings Ltd Cl A has moved more than 5% past a 14.03 entry in a first-stage cup with handle, meaning it’s now out of a proper buy range. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Ehang Holdings Ltd Cl A posted negative growth for both the top and bottom lines last quarter.

Ehang Holdings Ltd Cl A holds the No. 41 rank among its peers in the Aerospace/Defense industry group. Aersale Corp (ASLE) and Curtiss-Wright (CW) are also among the group’s highest-rated stocks.


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