The Relative Strength (RS) Rating for Dillard's climbed into a new percentile Tuesday, with a rise from 77 to 82.
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IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they launch their biggest runs.
Dillard's is still inside a buy range after moving past a 435.17 buy point in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.
Although earnings and sales growth came in at -6% and -2%, respectively, in the latest report, that means earnings have improved for the last three quarters and the top line has risen for one. The company is expected to release its next quarterly numbers on or around Aug. 7.
Dillard's earns the No. 1 rank among its peers in the Retail-Department Stores industry group. Macy's and are also among the group's highest-rated stocks.
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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