On Tuesday, O'Reilly Automotive got a positive adjustment to its Relative Strength (RS) Rating, from 68 to 71.
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This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of over 80 as they launch their biggest runs. See if O'Reilly Automotive can continue to rebound and hit that benchmark.
O'Reilly Automotive is building a flat base with a 97.27 buy point. See if it can break out in heavy trade.
The company reported 2% EPS growth in the latest quarterly report, while sales growth came in at 4%. The next quarterly numbers are expected on or around Jul. 23.
The company holds the No. 3 rank among its peers in the Retail/Wholesale-Auto industry group. Driven Brands 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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