The Relative Strength (RS) Rating for AutoZone entered a new percentile Monday, with a rise from 78 to 82.
Risk Management In The Stock Market: How Much Money To Invest Now
IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matches up against that of all other stocks.
History shows that the top-performing stocks typically have an RS Rating north of 80 as they begin their biggest climbs.
AutoZone is working on a with a 3,916.81 entry. See if it can clear the breakout price in volume at least 40% above average.
EPS growth decreased in the company's latest report from -2% to -4%, but sales rose from 2% to 5%.
AutoZone earns the No. 2 rank among its peers in the Retail/Wholesale-Auto industry group. Driven Brands is the No. 1-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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