The Relative Strength (RS) Rating for SharkNinja stock jumped into a new percentile Monday, as it got a lift from 65 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating of above 80 in the early stages of their moves. See if SharkNinja stock can continue to rebound and hit that benchmark.
Is SharkNinja Stock A Buy?
SharkNinja stock reclaimed its 200-day moving average on Monday. Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to offer and clear a proper buy point.
The design and technology household appliance company reported -18% earnings growth in its most recent report, while sales growth came in at 15%.
SharkNinja stock holds the No. 1 rank among its peers in the Household-Appliances/Hardware industry group. Middleby and Hamilton Beach Brands are also among the group's highest-rated stocks.
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.
