In a welcome move, ODDITY Tech saw its Relative Strength Rating rise from 69 to 72 on Friday.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if ODDITY Tech can continue to rebound and clear that threshold.
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While the stock is not near a proper buy zone right now, see if it is able to form and break out of a proper consolidation.
Earnings growth moved up last quarter from 46% to 52%, but sales fell from 27% to 26%.
The company holds the No. 1 rank among its peers in the Cosmetics/Personal Care industry group. FitLife Brands and Interparfums are also among the group's highest-rated stocks.
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