GameStop Cl A saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 88 to 91.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks often have an RS Rating north of 80 in the early stages of their moves.
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GameStop Cl A has moved more than 5% past an 18.59 entry in a first-stage cup without handle, meaning it's now out of a proper buy range. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
GameStop Cl A posted 0% earnings growth in its most recent report. Sales rose -31%. The next quarterly numbers are expected on or around Dec. 10.
The company holds the No. 2 rank among its peers in the Retail-Consumer Electronics industry group. GameStop Cl A is the top-ranked stock within the group.
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