Academy Sports & Outdoors saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 78 to 82.
Looking For The Best Stocks To Buy And Watch? Start Here
IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves.
Academy Sports & Outdoors is trying to complete a double bottom with a 61.25 entry. See if the stock can clear the breakout price in heavy trading.
EPS growth decreased in the company's latest report from -11% to -30%, but the top line rose from -7% to -1%.
Academy Sports & Outdoors earns the No. 3 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
