Interparfums saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 67 to 79.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating of at least 80 in the early stages of their moves. See if Interparfums can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Interparfums has moved more than 5% past a 100.77 entry in a first-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth rose in the company's latest report from 16% to 134%, but the top line fell from 15% to 10%.
The company holds the No. 1 rank among its peers in the Cosmetics/Personal Care industry group. ODDITY Tech and Prestige Consumer Hlthcr 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:
IBD Stock Rating Upgrades: Rising Relative Strength
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!
