Arhaus had its Relative Strength (RS) Rating upgraded from 69 to 72 Tuesday — a welcome improvement, but still below the 80 or higher score you look for.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if Arhaus can continue to show renewed price strength and clear that threshold.
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Arhaus is not currently showing a potential buy point. See if the stock goes on to build a chart pattern that could launch a new move.
Arhaus reported negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Mar. 6.
Arhaus earns the No. 4 rank among its peers in the Retail-Home Furnishings industry group. Williams-Sonoma is the top-ranked stock within the group.
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