Flowers Foods Stock shows market leadership with jump to 86 RS rating

The relative strength (RS) rating for Flowers Food (FLO) shares entered a new percentile on Wednesday, rising from 77 to 86.


When looking for the best stocks to buy and watch, one factor to keep a close eye on is relative price strength.

This unique rating identifies technical performance by using a score from 1 (worst) to 99 (best) indicating how a stock’s price action over the subsequent 52 weeks compares to all other stocks.

More than 100 years of market history shows that the stocks that make the biggest gains typically have an RS rating of over 80 when they launch their biggest price moves.

Looking for winning stocks? Try this simple routine

Is Flower Foods Stock a sale?

Flowers Foods stock is trading solidly above the 50 and 200 day moving averages, a good sign. The bakery products provider is working on a consolidation with a buying point of 29.83. See if it can break out in heavy trading.

The food company posted 7% EPS growth last quarter. Turnover increased by 0%.

The Flower Foods share ranks third among its peers in the Food-Packaged industry group. PepsiCo (PEP) and Flowers Food (FLO) are also among the highest-rated stocks in the group.

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