Brady Cl A had its Relative Strength (RS) Rating upgraded from 69 to 76 Wednesday — a welcome improvement, but still short of the 80 or better score you prefer to see.
This proprietary rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating of at least 80 as they begin their largest climbs. See if Brady Cl A can continue to rebound and hit that benchmark.
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Brady Cl A is working on a consolidation with a 77.68 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
While the company's bottom line growth declined in the company's most recent quarterly report from 14% to 12%, sales grew 14%, up from -1% in the previous report. Look for the next report on or around Feb. 21.
Brady Cl A holds the No. 1 rank among its peers in the Office Supplies Manufacturing industry group. Ennis and Avery Dennison are also among the group's highest-rated stocks.
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