On Tuesday, Tempur Sealy got a positive adjustment to its Relative Strength (RS) Rating, from 66 to 71.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Tempur Sealy can continue to show renewed price strength and clear that threshold.
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Tempur Sealy is trying to complete a consolidation with a 57.13 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth declined in the most recent report from 9% to 6%. But sales moved higher, from -3% to 2%.
Tempur Sealy holds the No. 4 rank among its peers in the Household-Office Furniture industry group. Flexsteel Industries is the top-ranked stock within the group.
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