American Eagle Outfitters had its Relative Strength (RS) Rating upgraded from 76 to 81 Tuesday.
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IBD's unique RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or better RS Rating as they begin their biggest runs.
While American Eagle Outfitters is not near an ideal entry right now, see if it is able to form and break out from a proper chart pattern.
American Eagle Outfitters saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 15%. Revenue rose from -5% to -1%.
The company earns the No. 8 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters, Boot Barn Holdings and TJX Cos are among the top 5 highly rated stocks 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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