When building your watch list, look for stocks with an 80 or higher RS Rating. Revolve Group stock just met that criteria with a new score of 86.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an 80 or higher RS Rating as they begin their biggest price moves.
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Is Revolve Group Stock A Buy?
Revolve Group stock is now considered extended and out of buy range after clearing a 17.52 buy point in a first-stage cup with handle. See if the retail 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.
Although earnings and sales growth came in at -55% and -1%, respectively, in the latest report, that marked one quarter of acceleration for earnings and two for revenue.
Revolve Group stock earns the No. 15 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. lululemon athletica, Abercrombie & Fitch and Ross Stores are among the top 5 highly rated stocks within the group.
