In a welcome move, Electronic Arts saw its Relative Strength Rating rise from 70 to 77 on Thursday.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Electronic Arts can continue to show renewed price strength and hit that benchmark.
Electronic Arts is now considered extended and out of buy range after clearing a 160.99 buy point in a first-stage flat base. 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.
The company showed -52% EPS growth in its most recent report. Sales gains came in at 1%.
The company earns the No. 5 rank among its peers in the Computer Software-Gaming industry group. NetEase ADR 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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