One important metric to look for in a stock is an 80 or higher Relative Strength Rating. ODDITY Tech cleared that benchmark Tuesday, with a jump from 80 to 83 Tuesday.
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This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves.
ODDITY Tech is now considered extended and out of buy range after clearing a 51.00 buy point in a first-stage consolidation. 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.
ODDITY Tech reported 12% EPS growth last quarter. Revenue increased 25%.
The company earns the No. 2 rank among its peers in the Cosmetics/Personal Care industry group. ODDITY Tech 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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