Children's Place saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 73 to 85.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.
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Children's Place is not currently offering a proper buying opportunity. See if the stock goes on to form a base that could launch a new move.
Children's Place posted 0% earnings growth last quarter, while sales growth came in at -8%. Look for the next report on or around Nov. 14.
The company holds the No. 16 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Abercrombie & Fitch, Burlington Stores and TJX Cos are among the top 5 highly rated stocks within the group.
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