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Stocks With Rising Relative Strength: Under Armour

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Under Armour ( UA ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Thursday, with an increase from 65 to 73.

[ibd-display-video id=3105496 width=50 float=left autostart=true] IBD's proprietary rating tracks market leadership 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.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 in the early stages of their moves. See if Under Armour can continue to rebound and hit that benchmark.

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Under Armour is not currently near a potential buy zone. See if the stock goes on to build a promising consolidation that could ignite a new run.

Earnings growth fell last quarter from -24% to -104%. But revenue moved higher, from -4% to 5%.

The company earns the No. 17 rank among its peers in the Apparel-Clothing Manufacturing industry group. Canada Goose ( GOOS ), Carters ( CRI ) and Columbia Sportswear ( COLM ) are among the top 5 highly rated stocks within the group.

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


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

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