Hayward Holdings had its Relative Strength (RS) Rating upgraded from 64 to 76 Thursday — a welcome improvement, but still short of the 80 or better score you look for.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they launch their biggest runs. See if Hayward Holdings can continue to rebound and clear that threshold.
Hayward Holdings is trying to complete a consolidation with a 16.87 entry. See if the stock can clear the breakout price in heavy volume.
Hayward Holdings reported 14% earnings growth in the latest quarterly report. Revenue gains came in at 5%.
The company holds the No. 2 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop is the No. 1-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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