Dillard's saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 68 to 82.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score 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 typically have an RS Rating of above 80 in the early stages of their moves.
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Dillard's is trying to complete a consolidation with a 476.48 buy point. See if it can break out in heavy volume.
Although earnings and sales growth came in at -17% and -4%, respectively, in the latest report, that marked acceleration for both earnings-per-share and sales.
Dillard's holds the No. 2 rank among its peers in the Retail-Department Stores industry group. Nordstrom is the No. 1-ranked stock within the group.
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