One important metric to look for in a stock is an 80 or higher Relative Strength Rating. ODDITY Tech just hit that mark, with a jump from 72 to 81 Monday.
This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
Decades of market research shows that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest price moves.
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The stock, which is on theIPO Leaders screen, is building a consolidation with a 50.36 entry. See if the stock can break out in heavy volume.
Earnings growth rose last quarter from 46% to 52%, but sales fell from 27% to 26%.
ODDITY Tech earns the No. 1 rank among its peers in the Cosmetics/Personal Care industry group. BellRing Brands and FitLife Brands are also among the group's highest-rated stocks.
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