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Under Armour Stock Reaches 80-Plus Relative Strength Rating, Tops Key Benchmark

Iconic underwear, casual wear and footwear maker Under Armour (UAA), known for its moisture-wicking sports apparel, cleared an important technical benchmark Tuesday. The Relative Strength (RS) Rating for Under Armour stock jumped into the 80-plus percentile with an improvement to 81, up from 74 the day before.

The 81 RS Rating means Under Armour stock has outperformed 81% of all stocks, regardless of industry group, over the past year. The best-performing stocks often have an 80 or higher RS Rating as they begin their biggest runs.

Under Armour Stock Jumps 6%

Taking a look at revenue and profit performance, the company has posted rising EPS growth in each of the last five reports. Revenue growth has also risen over the same time frame. Under Armour stock climbed 6% Tuesday to 19.22.

Under Armour stock earns the No. 13 rank among its peers in the Apparel-Clothing Manufacturing industry group. Canada Goose (GOOS) and Kontoor Brands (KTB) are among the group’s highest-rated stocks.


Looking For Winning Stocks? Try This Simple Routine


Under Armour stock is working on a consolidation with a 26.55 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.

When you’re researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price movement over the last 52 weeks stacks up against all the other stocks in our database.

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