On Wednesday, Levi Strauss earned an upgrade to its Relative Strength (RS) Rating, from 79 to 83.
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IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves.
Levi Strauss is building a consolidation with a 24.34 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings growth picked up last quarter from 14% to 52%. But revenue gains fell from 12% to 3%. The company is expected to report its latest earnings and sales numbers on or around Jul. 10.
Levi Strauss earns the No. 4 rank among its peers in the Apparel-Clothing Manufacturing industry group. Tapestry 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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