Build-A-Bear Workshop had its Relative Strength (RS) Rating upgraded from 90 to 93 Wednesday.
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 at the beginning of a new run.
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Build-A-Bear Workshop is now considered extended and out of buy range after clearing a 32.47 buy point in a second-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
In terms of top and bottom line numbers, Build-A-Bear Workshop has posted two quarters of accelerating earnings growth. Revenue gains have also increased over the same time frame. Build-A-Bear Workshop is expected to report its next quarterly numbers on or around Mar. 12.
Build-A-Bear Workshop earns the No. 1 rank among its peers in the Retail-Leisure Products industry group. Dick's Sporting Goods and Hayward Holdings are also among the group's highest-rated stocks.
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