Dick's Sporting Goods saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 70 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matched up against all other stocks.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their biggest runs. See if Dick's Sporting Goods can continue to rebound and hit that benchmark.
Dick's Sporting Goods is building a cup with handle with a 232.27 entry. See if it can break out in volume at least 40% above average.
The company posted 0% earnings growth last quarter, while sales growth came in at 5%.
The company holds the No. 3 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop 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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