MillerKnoll had its Relative Strength (RS) Rating upgraded from 75 to 81 Monday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 in the early stages of their moves.
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MillerKnoll is trying to complete a consolidation with a 31.07 entry. See if the stock can clear the breakout price in heavy trade.
The company reported negative growth for both the top and bottom lines last quarter. MillerKnoll is expected to release its next quarterly numbers on or around Jun. 26.
The company holds the No. 7 rank among its peers in the Household-Office Furniture industry group. HNI Cp, Virco Manufacturing and Flexsteel Industries are among the top 5 highly rated stocks within the group.
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