On Monday, Advance Auto Parts cleared a key performance benchmark, with its Relative Strength (RS) Rating entering into the 80-plus percentile with an upgrade to 82, up from 76 the day before.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of above 80 as they launch their biggest climbs.
Advance Auto Parts is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could spark a new run.
Advance Auto Parts reported 0% earnings growth in its most recent report. Sales gains came in at -7%.
The company earns the No. 7 rank among its peers in the Retail/Wholesale-Auto industry group. Driven Brands, AutoZone and Valvoline are among the top 5 highly rated stocks 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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