On Tuesday, Energizer Holdings earned an upgrade to its Relative Strength (RS) Rating, from 70 to 73.
IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they launch their largest runs. See if Energizer Holdings can continue to rebound and hit that benchmark.
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Energizer Holdings has climbed more than 5% past a 32.30 entry in a first-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings grew 46% last quarter, up from 13% in the prior report. Revenue also increased, from -3% to 0%.
Energizer Holdings earns the No. 1 rank among its peers in the Consumer Products-Specialty industry group. CompoSecure and Oil-Dri of America are also among the group's highest-rated stocks.
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