The Relative Strength (RS) Rating for Tempur Sealy climbed into a higher percentile Monday, as it got a lift from 69 to 73.
IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Tempur Sealy can continue to show renewed price strength and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
Tempur Sealy is trading within a buy range after clearing a 57.13 buy point in a consolidation. Once a stock moves 5% or higher beyond the initial entry, it's considered extended and out of buy range.
EPS growth declined last quarter from 9% to 6%, but the top line rose from -3% to 2%.
Tempur Sealy holds the No. 2 rank among its peers in the Household-Office Furniture industry group. Flexsteel Industries is the No. 1-ranked stock within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
