Clorox (CLX) saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 70 to 73.
↑ XThis unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if Clorox can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Clorox is trying to complete a flat base with a 169.09 buy point. See if the stock can clear the breakout price in heavy trading.
Earnings grew 280% last quarter, up from 9% in the prior report. Revenue also increased, from -6% to 27%.
The company holds the No. 1 rank among its peers in the Soap & Cleaning Preparation industry group. Ecolab (ECL) and Church & Dwight (CHD) are also among the group's highest-rated stocks.
RELATED:
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。