BellRing Brands saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 88 to 91.
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners tend to have an RS Rating of above 80 at the beginning of a new run.
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The IBD 50 stock is trying to complete a consolidation with an 80.67 buy point. See if the stock can break out in trade at least 40% higher than normal.
The stock's relative strength line is in new high ground, a positive indicator ahead of a potential breakout.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 35%, compared to 24% in the prior report. Revenue increased from 18% to 24%.
The company holds the No. 2 rank among its peers in the Cosmetics/Personal Care industry group. ODDITY Tech 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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