The Relative Strength (RS) Rating for Gap Inc jumped into a new percentile Tuesday, as it got a lift from 67 to 73.
IBD's proprietary RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Gap Inc can continue to rebound and hit that benchmark.
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While Gap Inc is not near a proper buy zone right now, see if it manages to form and break out of a proper consolidation.
Gap Inc reported 22% EPS growth last quarter. Sales increased 2%.
Gap Inc holds the No. 8 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Burlington Stores, lululemon athletica and Urban Outfitters are among the top 5 highly rated stocks within the group.
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