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Retailer Zumiez Relative Strength Skates Past 80

On Tuesday, Zumiez (ZUMZ) got a positive adjustment to its Relative Strength (RS) Rating, from 77 to 83.

Lynnwood, Wash., based Zumiez is building a cup with handle with a 47.42 entry. See if it can clear the breakout price in volume at least 40% higher than normal. Keep in mind that it’s a later-stage consolidation, and those entail more risk.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This proprietary rating measures technical performance by showing how a stock’s price action over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves.


Looking For The Best Stocks To Buy And Watch? Start Here


 

Zumiez reported 14% EPS growth in the latest quarterly report. Revenue gains came in at 1%.

The company holds the No. 5 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Buckle (BKE) and Revolve Group (RVLV) are also among the group’s highest-rated stocks.

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