Arhaus had its Relative Strength (RS) Rating upgraded from 66 to 78 Friday — a welcome improvement, but still below the 80 or higher score you prefer to see.
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This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of at least 80 in the early stages of their moves. See if Arhaus can continue to show renewed price strength and hit that benchmark.
Arhaus is working on a cup with handle with a 12.98 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Arhaus saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -73% to 56%. Revenue rose from 5% to 16%.
Arhaus earns the No. 1 rank among its peers in the Retail-Home Furnishings industry group. Williams-Sonoma and Ethan Allen 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.
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