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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

eBay Clears Technical Benchmark, Hitting 80-Plus RS Rating

When putting together your watch list, look for stocks with an 80 or higher RS Rating. eBay is one stock that just reached the mark, now earning a score of 84.

IBD's unique RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

Decades of market research reveals that the best-performing stocks often have an RS Rating north of 80 as they launch their biggest runs.

Looking For The Best Stocks To Buy And Watch? Start Here

eBay is working on a cup without handle with a 67.80 buy point. See if the stock can break out in heavy volume.

Earnings grew 16% last quarter, up from 15% in the prior report. Revenue also increased, from 1% to 3%.

The company earns the No. 9 rank among its peers in the Retail-Internet industry group. Amazon.com, Fiverr International and Liquidity Services are among the top 5 highly rated stocks within the group.

RELATED:

Retail Industry News And Stocks To Watch

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

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