When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. ODDITY Tech now meets that criteria, with an increase from 77 to 83 Tuesday.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
History reveals that the market's biggest winners tend to have an 80 or better RS Rating as they begin their biggest climbs.
Risk Management In The Stock Market: How Much Money To Invest Now
ODDITY Tech is working on a consolidation with a 51.00 entry. See if it can clear the breakout price in heavy trade.
Earnings growth declined in the most recent quarter from 52% to 18%. But revenue moved higher, from 26% to 27%.
ODDITY Tech holds the No. 1 rank among its peers in the Cosmetics/Personal Care industry group. BellRing Brands and Park Ha Biological Tech are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
