Aterian Shows Rising Price Performance With Jump To 91 RS Rating

When looking for the best stocks to buy and watch, focus on those with rising relative price strength.

One stock that fits that bill is Aterian (ATER), which saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, rising from 83 to 91.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength. This exclusive rating from Investor’s Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

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

Looking For Winning Stocks? Try This Simple Routine

Aterian has risen more than 5% past a 9.78 entry in a first-stage consolidation, meaning it’s now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.

While earnings growth declined in the company’s most recent quarterly report from 0% to -218%, revenue grew 88%, up from 62% in the previous report.

Aterian holds the No. 11 rank among its peers in the Household-Appliances/Hardware industry group. Betterware De Mexico (BWMX), Lifetime Brands (LCUT) and Whirlpool (WHR) are among the top 5 highly rated stocks within the group.


Stocks With Rising Relative Strength Ratings

Why Should You Use IBD’s Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Find Top Stocks Near A Buy Point With IBD Leaderboard

Most Related Links :
usnewsmail Governmental News Finance News

Source link

Back to top button