On Thursday, Take-Two Interactive received a positive adjustment to its Relative Strength (RS) Rating, from 79 to 82.
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.
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Take-Two Interactive has risen more than 5% past a 171.59 entry in a first-stage consolidation, meaning it's now out of a proper buy range. 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 line.
Take-Two Interactive showed -46% earnings growth in the latest quarterly report. Revenue increased 4%.
The company holds the No. 7 rank among its peers in the Computer Software-Gaming industry group. The9 ADR, Electronic Arts and NetEase ADR are among the top 5 highly rated stocks within the group.
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