In a welcome move, Clear Secure saw its Relative Strength Rating rise from 70 to 75 on Tuesday.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating north of 80 as they begin their biggest climbs. See if Clear Secure can continue to show renewed price strength and clear that threshold.
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Clear Secure has climbed more than 5% past a 21.88 entry in a first-stage double bottom, meaning it's now out of a proper buy zone. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The company showed 43% EPS growth in the latest quarterly report, while sales growth came in at 24%.
Clear Secure earns the No. 4 rank among its peers in the Security/Safety industry group. Axon Enterprise is the top-ranked stock within the group.
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