Gap Inc saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 88 to 91.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating of above 80 at the beginning of a new price run.
Gap Inc is building a consolidation with a 30.75 buy point. See if it can clear the breakout price in heavy trade.
Gap Inc reported 10% earnings growth in its most recent report, while sales growth came in at -3%. The company is expected to report its latest performance numbers on or around May 29.
The company earns the No. 7 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters, Boot Barn Holdings and TJX Cos 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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