Crocs stock saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 68 to 73.
This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Crocs stock can continue to show renewed price strength and hit that benchmark.
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Is Crocs Stock A Buy?
Crocs stock has climbed more than 5% past a 110.90 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The casual lifestyle footwear company showed -3% earnings growth in its most recent report. Sales increased 2%.
Crocs stock holds the No. 2 rank among its peers in the Apparel-Shoes & Related industry group. Deckers Outdoor is the top-ranked stock within the group.
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