EHang Holdings (EH) stock had its Relative Strength (RS) Rating upgraded from 64 to 87 Wednesday.

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IBD’s unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price movement over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the best-performing stocks typically have an 80 or better RS Rating as they launch their biggest price moves.

Hone Your Stock=Picking Skills By Focing On These Factors

Is EHang Holdings Stock A Buy?

EHang Holdings stock has been rallying in the past few weeks, reclaiming its 200-day moving average. Now is not an ideal time to jump in since it isn’t near a proper buy zone, but see if the stock manages to offer and clear a proper buy point.

The aerial vehicle technology platform company posted 0% EPS growth in its most recent report, while sales growth came in at 251%.

EHang Holdings stock holds the No. 25 rank among its peers in the Aerospace/Defense industry group. Embraer ADR (ERJ), Howmet Aerospace (HWM) and FTAI Aviation (FTAI) are among the top 5 highly rated stocks within the group.

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