Natural Grocers had its Relative Strength (RS) Rating upgraded from 78 to 81 Tuesday.
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IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against the rest of the market.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating north of 80 as they begin their biggest price moves.
Natural Grocers is not currently showing a potential entry point. See if the stock goes on to build a promising consolidation that could launch a new move.
The company showed 60% earnings growth in its most recent report. Sales rose 9%. Look for the next report on or around Jul. 31.
The company earns the No. 3 rank among its peers in the Retail-Super/Mini Markets industry group. Casey's General Stores is the No. 1-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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