Ollie's Bargain Outlet saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 68 to 74.
This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Ollie's Bargain Outlet can continue to rebound and clear that threshold.
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Ollie's Bargain Outlet is working on a consolidation with a 104.98 entry. See if the stock can clear the breakout price in heavy trading.
Earnings growth decreased last quarter from 49% to 16%. But revenue gains moved higher, from 11% to 12%. Look for the next report on or around Dec. 4.
The company earns the No. 3 rank among its peers in the Retail-Discount & Variety industry group. MINISO Group Holding ADR is the top-ranked stock within the group.
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