In a welcome move, Acushnet Holdings saw its Relative Strength Rating improve from 64 to 79 on Thursday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks often have an RS Rating north of 80 as they begin their largest price moves. See if Acushnet Holdings can continue to rebound and clear that threshold.
Acushnet Holdings is trying to complete a consolidation with a 76.65 buy point. See if it can break out in heavy volume.
While revenue growth fell last quarter from 8% to -1%, EPS grew 20%, up from 0% in the previous report.
Acushnet Holdings earns the No. 2 rank among its peers in the Leisure-Products industry group. Amer Sports is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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