In a welcome move, Groupon saw its Relative Strength Rating rise from 66 to 73 on Friday.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their largest climbs. See if Groupon can continue to show renewed price strength and clear that threshold.
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Groupon is working on a consolidation with a 13.19 entry. See if the stock can break out in heavy volume.
Groupon showed 0% earnings growth last quarter, while sales growth came in at -9%. Look for the next report on or around Feb. 19.
The company holds the No. 21 rank among its peers in the Retail-Internet industry group. DoorDash, Liquidity Services and MercadoLibre are among the top 5 highly rated stocks within the group.
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