Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Take-Two Interactive Scores Relative Strength Rating Upgrade; Hits Key Threshold

Take-Two Interactive had its Relative Strength (RS) Rating upgraded from 78 to 81 Tuesday.

Hone Your Stock-Picking Skills By Focusing On These Factors

IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against the rest of the market.

Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their biggest climbs.

Take-Two Interactive is building a flat base with a 245.07 entry. See if it can clear the breakout price in heavy trading.

Earnings growth picked up last quarter from 286% to 1,140%. But sales fell from 13% to 12%.

The company holds the No. 2 rank among its peers in the Computer Software-Gaming industry group. NetEase ADR 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.

RELATED:

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

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.