Dick's Sporting Goods had its Relative Strength (RS) Rating upgraded from 69 to 74 Friday — a welcome improvement, but still short of the 80 or better score you prefer to see.
IBD's proprietary RS Rating tracks market leadership 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 stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they begin their biggest price moves. See if Dick's Sporting Goods can continue to rebound and clear that threshold.
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Dick's Sporting Goods is building a consolidation with a 239.30 entry. See if the stock can clear the breakout price in heavy trading.
The company posted -4% EPS growth in the latest quarterly report, while sales growth came in at 0%.
The company earns the No. 2 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop is the top-ranked stock within the group.
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