On Wednesday, Dillard's got an upgrade to its Relative Strength (RS) Rating, from 63 to 79.
Can You Really Time The Stock Market?
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks typically have an RS Rating of at least 80 as they begin their biggest price moves. See if Dillard's can continue to show renewed price strength and hit that benchmark.
Dillard's is still inside a buy zone after breaking past a 435.17 entry in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.
Although earnings and sales growth came in at -6% and -2%, respectively, in the latest report, that marks three quarters of acceleration for EPS and one for revenue.
The company earns the No. 1 rank among its peers in the Retail-Department Stores industry group. Macy's and 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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