Arhaus saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 70 to 77.
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Arhaus can continue to show renewed price strength and clear that threshold.
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While the stock is not near an ideal buying range right now, see if it manages to form and break out from a proper consolidation.
Arhaus posted negative growth for both the top and bottom lines last quarter.
Arhaus holds the No. 4 rank among its peers in the Retail-Home Furnishings industry group. Williams-Sonoma is the top-ranked stock within the group.
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