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Clear Secure Stock Shows Rising Price Performance With Jump To 83 RS Rating

The Relative Strength (RS) Rating for Clear Secure Cl A (YOU) jumped into a new percentile Monday, with a rise from 74 to 83.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock’s price action over the last 52 weeks matches up against other publicly traded companies.

History shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 in the early stages of their moves.


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Is Clear Secure Stock A Buy?

Clear Secure stock broke out of a first-stage ipo base with a 54.07 entry. D0 watch out for failed breakouts as new issues don’t have enough trading history to generate tools like the Relative Price Strength Rating or the Accumulation/Distribution Rating.

The relative strength has entered new high ground, a sign the stock is outperforming the general market in terms of price performance.

While revenue growth fell last quarter from -6% to -18%, the bottom line grew 74%, up from 0% in the prior report.

The company earns the No. 14 rank among its peers in the Security/Safety industry group. Brinks (BCO) and Smith & Wesson Brands (SWBI) are also among the group’s highest-rated stocks.

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