• The best sector in ADRs is industrial goods.
• The top countries are Norway, Hong Kong, and Canada.

The average score across our ADR universe is 51.36. Scores have averaged 49.88 and 50.87 over the past four weeks and eight weeks, respectively. The average ADR in our coverage is trading -17.03% below its 52 week high, 2.18% above its 200 dma, has 2.92 days to cover held short, and is expected to grow its EPS by 13.2% in the coming year.

The following chart shows historical average scores for current week, trailing 4 weeks, and trailing 8 weeks since 2010.

This next chart shows how many ADRs in our coverage are technically sell rated, since 2008 (more than 5% below their 200 dma).

Across ADRs, the best sector is industrial goods (CYD, WOSYY, TKPPY, MXCYY, FCAU). Financials (BMO, RY, NABZY, CS, ANZBY) and basic materials (SID, MTL, BHP, RIO, PGSVY, NHYDY, ECA, BBL) also score strong. Services, consumer goods, technology, healthcare, and utilities have average scores that are below the ADR universe average score, and should be approached country-by-country and stock-by-stock.

The best zones are No. America (BMO, RY, ECA) and Europe (CRTO, WOSYY, CS, STM, TKPPY, MXCYY, PGSVY, NHYDY). The top regions are No. America, Central & Eastern Europe (MBT, MTL), and UK/Ireland (ICLR, GWPH, FCAU, RIO, BBL). The best countries are Norway (NHYDY, SUBCY), Hong Kong (SMI, OIIM), and Canada (BMO, RY, ECA).