On Wednesday, On Holding earned an upgrade to its Relative Strength (RS) Rating, from 89 to 92.
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This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an RS Rating of over 80 at the beginning of a new climb.
On Holding is building a cup without handle with a 64.05 entry. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings growth slowed in the most recent quarter from 0% to -35%. But revenue gains moved higher, from 26% to 46%.
On Holding holds the No. 1 rank among its peers in the Apparel-Shoes & Related industry group. Birkenstock Holding and Crocs are also among the group's highest-rated stocks.
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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