The Relative Strength (RS) Rating for Ollie's Bargain Outlet moved into a higher percentile Friday, as it got a lift from 68 to 74.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Ollie's Bargain Outlet can continue to rebound and clear that threshold.
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Ollie's Bargain Outlet is building a consolidation with a 104.98 buy point. See if the stock can break out in volume at least 40% higher than normal.
While the company's bottom line growth fell in the company's most recent performance report from 49% to 16%, revenue rose 12%, up from 11% in the previous report. Keep an eye out for the company's next round of numbers on or around Dec. 4.
Ollie's Bargain Outlet earns the No. 2 rank among its peers in the Retail-Discount & Variety industry group. MINISO Group Holding ADR is the No. 1-ranked stock within the group.
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