Electronic Arts saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 70 to 74.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the top-performing stocks typically have an RS Rating of above 80 as they begin their largest runs. See if Electronic Arts can continue to rebound and hit that benchmark.
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Electronic Arts has climbed more than 5% past a 153.50 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Top and bottom line growth moved higher last quarter. Earnings were up 47%, compared to -54% in the prior report. Revenue increased from -14% to 6%.
The company earns the No. 2 rank among its peers in the Computer Software-Gaming industry group. The9 ADR is the No. 1-ranked stock within the group.
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