Amazon.com stock had its Relative Strength (RS) Rating upgraded from 69 to 72 Monday — a welcome improvement, but still short of the 80 or higher score you look for.
IBD's proprietary rating identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the top-performing stocks often have an 80 or better RS Rating as they launch their largest climbs. See if Amazon.com stock can continue to show renewed price strength and hit that benchmark.
Can You Really Time The Stock Market?
Is Amazon.com Stock A Buy?
Amazon.com stock is working on a consolidation with a 201.20 buy point. See if the e-commerce stock can clear the breakout price in heavy trade.
The Magnificent Seven company reported 94% EPS growth in the latest quarterly report, while sales growth came in at 10%. Look for the next report on or around Oct. 31.
Amazon.com stock holds the No. 3 rank among its peers in the Retail-Internet industry group. MercadoLibre is the No. 1-ranked stock within the group.
