Clear Secure had its Relative Strength (RS) Rating upgraded from 69 to 73 Wednesday — a welcome improvement, but still short of the 80 or higher score you look for.
This proprietary 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 market's biggest winners typically have an RS Rating north of 80 as they begin their biggest runs. See if Clear Secure can continue to rebound and hit that benchmark.
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Clear Secure has climbed more than 5% past a 21.88 entry in a first-stage double bottom, 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.
Clear Secure showed 43% earnings growth in the latest quarterly report. Revenue rose 24%.
The company earns the No. 7 rank among its peers in the Security/Safety industry group. Axon Enterprise, Byrna Technologies and Federal Signal are among the top 5 highly rated stocks within the group.
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