In a welcome move, Kura Sushi USA saw its Relative Strength Rating improve from 70 to 75 on Wednesday.
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This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating north of 80 as they begin their biggest price moves. See if Kura Sushi USA can continue to rebound and clear that threshold.
Kura Sushi USA is now considered extended and out of buy range after clearing a 52.97 buy point in a third-stage double bottom. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The company posted 0% EPS growth in its most recent report. Sales rose 17%.
The company earns the No. 22 rank among its peers in the Retail-Restaurants industry group. Brinker International, Dutch Bros and Cheesecake Factory 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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