Arhaus saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 62 to 74.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 as they launch their largest price moves. See if Arhaus can continue to rebound and hit that benchmark.
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Arhaus is not currently offering a proper buying opportunity. See if the stock goes on to form a sound pattern that could launch a new move.
The company posted negative growth for both the top and bottom lines last quarter. Arhaus is expected to release its next quarterly numbers on or around Mar. 6.
The company 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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