On Friday, Church & Dwight received an upgrade to its Relative Strength (RS) Rating, from 63 to 72.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Church & Dwight can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Church & Dwight broke out earlier, but is now trading about 4% below the prior 113.50 entry from a flat base. If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new chart pattern and buy point. Also understand that the most recent consolidation is a later-stage base, and such bases are more prone to failure.
The company reported 18% EPS growth in its most recent report, while sales growth came in at 4%. Keep an eye out for the company's next round of numbers on or around Apr. 24.
The company earns the No. 1 rank among its peers in the Soap & Cleaning Preparation industry group. Ecolab and Clorox 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.
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