Oxford Industries stock saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 80 to 84.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating identifies 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 reveals that the top-performing stocks tend to have an RS Rating of above 80 as they launch their biggest price moves.
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Is Oxford Industries Stock A Buy?
Oxford Industries stock is trying to complete a long and wide consolidation with a 114.57 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
The apparel maker reported 85% EPS growth in the latest quarterly report, while sales growth came in at 33%.
Oxford Industries stock holds the No. 1 rank among its peers in the Apparel-Clothing Manufacturing industry group.
