On Wednesday, Signet Jewelers got an upgrade to its Relative Strength (RS) Rating, from 66 to 78.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating of above 80 in the early stages of their moves. See if Signet Jewelers can continue to rebound and hit that benchmark.
While Signet Jewelers is not near a proper entry right now, see if it manages to form and break out from a proper consolidation.
Top and bottom line growth moved higher last quarter. Earnings were up 6%, compared to -2% in the prior report. Revenue increased from -6% to 2%.
The company holds the No. 1 rank among its peers in the Retail/Wholesale-Jewelry industry group. Movado Group 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.
RELATED:
Retail Industry News And Stocks To Watch
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
