Yeti Holdings Clears Technical Benchmark, Hitting 90-Plus RS Rating

Yeti Holdings (YETI) saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 89 to 92.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This unique rating tracks market leadership by showing how a stock’s price action over the last 52 weeks compares to that of the other stocks in our database.

History shows that the best stocks often have an RS Rating of above 80 in the early stages of their moves.

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The stock, which is on theIPO Leaders screen is now considered extended and out of buy range after clearing an 80.99 buy point in a second-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

The company posted 72% earnings growth in the latest quarterly report. Sales gains came in at 26%. Keep an eye out for the company’s next round of numbers on or around May 7.

The company holds the No. 2 rank among its peers in the Leisure-Products industry group. Johnson Outdoors (JOUT) is the No. 1-ranked stock within the group.


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