National Vision saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 74 to 94.
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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 performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves.
National Vision has moved more than 5% past a 13.72 entry in a first-stage double bottom, meaning it's now out of a proper buy zone. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
National Vision saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 13%. Revenue rose from 4% to 6%.
National Vision earns the No. 3 rank among its peers in the Retail-Specialty industry group. RB Global 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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