BBB Foods saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 73 to 81.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
History reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they begin their biggest price moves.
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BBB Foods is not currently showing a potential entry point. See if the stock goes on to form a promising consolidation that could ignite a new run.
BBB Foods posted 0% earnings growth in its most recent report. Sales rose 42%.
The company earns the No. 5 rank among its peers in the Retail-Major Discount Chains industry group. Walmart is the top-ranked stock within the group.
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