On Wednesday, Life360 earned an upgrade to its Relative Strength (RS) Rating, from 90 to 93.
IBD's proprietary rating identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 at the beginning of a new run.
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While the stock is not near an ideal buying range right now, see if it goes on to form and break out of a proper consolidation.
The company showed 0% EPS growth last quarter. Sales rose 18%.
Life360 earns the No. 2 rank among its peers in the Computer Software-Desktop industry group. Microsoft is the top-ranked stock within the group.
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