Urban Outfitters had its Relative Strength (RS) Rating upgraded from 88 to 93 Tuesday.
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This unique rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the top-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves.
Urban Outfitters is trying to complete a consolidation with a 61.16 buy point. See if it can clear the breakout price in volume at least 40% above average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 25% to 51%. Revenue rose from 6% to 10%. Look for the next report on or around May 21.
The company holds the No. 1 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Boot Barn Holdings and TJX Cos 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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