GameStop Cl A had its Relative Strength (RS) Rating upgraded from 88 to 93 Thursday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks typically have an RS Rating north of 80 as they begin their biggest runs.
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GameStop Cl A has climbed more than 5% past an 18.59 entry in a first-stage cup without handle, meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings grew 500% last quarter, up from 0% in the prior report. Revenue also increased, from -31% to -20%.
GameStop Cl A holds the No. 2 rank among its peers in the Retail-Consumer Electronics industry group. GameStop Cl A is the No. 1-ranked stock within the group.
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