In a welcome move, Dick's Sporting Goods saw its Relative Strength Rating improve from 65 to 73 on Monday.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matched up against all other stocks.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their largest price moves. See if Dick's Sporting Goods can continue to rebound and hit that benchmark.
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Dick's Sporting Goods is building a consolidation with a 239.30 entry. See if the stock can break out in heavy trade.
The company posted -4% EPS growth in the latest quarterly report, while sales growth came in at 0%.
The company holds the No. 3 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop is the top-ranked stock within the group.
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