Vital Farms saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 64 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to the rest of the market.
Decades of market research shows that the best-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Vital Farms can continue to rebound and clear that threshold.
Vital Farms is building a consolidation with a 45.72 buy point. See if it can break out in volume at least 40% above average.
Vital Farms reported -14% EPS growth last quarter. Sales gains came in at 10%.
The company holds the No. 5 rank among its peers in the Food-Meat Products industry group. Cal-Maine Foods 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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