In a welcome move, Nu Skin Enterprises (NUS) saw its Relative Strength Rating rise from 69 to 72 on Tuesday. Nu Skin stock is working on a cup without handle with a 63.95 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock’s price performance over the last 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the market’s biggest winners often have an RS Rating north of 80 as they begin their biggest climbs. See if Nu Skin Enterprises Inc can continue to show renewed price strength and clear that threshold.
In terms of fundamental health, Nu Skin Enterprises has posted four quarters of rising earnings growth. Revenue gains have also risen during the same period. The stock is up nearly 70% vs. a year ago.
The company holds the No. 2 rank among its peers in the Cosmetics/Personal Care industry group. Inter Parfums (IPAR) is among the group’s highest-rated stocks.
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