GameStop Cl A had its Relative Strength (RS) Rating upgraded from 89 to 92 Monday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves.
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GameStop Cl A is now considered extended and out of buy range after clearing an 18.59 buy point in a first-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
GameStop Cl A posted 0% EPS growth in the latest quarterly report. Sales gains came in at -31%. The company is expected to report its latest performance numbers on or around Dec. 4.
GameStop Cl A holds the No. 2 rank among its peers in the Retail-Consumer Electronics industry group. GameStop Cl A is the No. 1-ranked stock within the group.
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