Tencent Earns Relative Strength Rating Upgrade & Hits Key Threshold

Tencent Earns Relative Strength Rating Upgrade & Hits Key Threshold

Tencent had its Relative Strength (RS) Rating upgraded from 76 to 81 Tuesday. Tencent is now considered extended and out of buy range after clearing an 81.45 buy point in a second-stage consolidation. Tencent holds the No. 1 rank among its peers in the Internet-Content industry group.