On Monday, Electronic Arts received an upgrade to its Relative Strength (RS) Rating, from 69 to 78.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 as they begin their biggest price moves. See if Electronic Arts can continue to rebound 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 reported -52% EPS growth last quarter. Sales increased 1%.
Electronic Arts holds the No. 3 rank among its peers in the Computer Software-Gaming industry group. NetEase ADR 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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