The Relative Strength (RS) Rating for Build-A-Bear Workshop entered a new percentile Tuesday, with an increase from 80 to 83.
IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The rating shows 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 shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 in the early stages of their moves.
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Build-A-Bear Workshop has moved more than 5% past a 32.47 entry in a second-stage cup without handle, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Build-A-Bear Workshop showed 19% earnings growth in the latest quarterly report. Sales gains came in at 1%.
Build-A-Bear Workshop holds the No. 1 rank among its peers in the Retail-Leisure Products industry group. Hayward Holdings and Dick's Sporting Goods 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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