Stocks With Rising Relative Strength: Bloomin' Brands

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The Relative Strength ( RS ) Rating for Bloomin' Brands ( BLMN ) headed into a higher percentile Wednesday, as it got a lift from 67 to 71.

[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's proprietary rating identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Bloomin' Brands can continue to rebound and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Bloomin' Brands is trying to complete a consolidation with a 22.26 buy point . See if the stock can clear the breakout price in heavy trading.

The company posted negative growth for both the top and bottom lines last quarter.

The company earns the No. 19 rank among its peers in the Retail-Restaurants industry group. Bob Evans Farms ( BOBE ), Wingstop ( WING ) and Restaurant Brands International ( QSR ) are among the top 5 highly rated stocks within the group.


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Stocks With Rising Relative Strength Ratings

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How Relative Strength Line Can Help You Judge A Stock

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: RS , BLMN , WING , QSR

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