On Thursday, Grindr got a positive adjustment to its Relative Strength (RS) Rating, from 62 to 74.
Can You Really Time The Stock Market?
IBD's proprietary rating identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks typically have an RS Rating north of 80 as they begin their largest price moves. See if Grindr can continue to show renewed price strength and clear that threshold.
Grindr is not currently near a potential buy zone. See if the stock goes on to build a base that could launch a new move.
The company showed 0% earnings growth last quarter. Revenue gains came in at 25%. Look for the next report on or around Aug. 7.
The company earns the No. 36 rank among its peers in the Internet-Content industry group. Kanzhun ADR, Pinterest and Alphabet Cl C 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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