Ulta Beauty had its Relative Strength (RS) Rating upgraded from 85 to 92 Monday.
How To Use Stock Charts To Stay Profitable And Protected
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 as they begin their largest price moves.
Ulta Beauty is building a cup without handle with a 574.76 buy point. See if it can clear the breakout price in volume at least 40% above average.
Ulta Beauty reported 5% earnings growth in the latest quarterly report. Revenue rose 4%.
Ulta Beauty holds the No. 3 rank among its peers in the Retail-Specialty industry group. RB Global is the top-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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