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CROCS has the Best Relative Performance in the Footwear Industry (CROX, SKX, DECK, SHOO, NKE)

By Amy Schwartz

We looked at the Footwear industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

CROCS (NASDAQ:CROX) ranks first with a gain of 3.13%; Skechers U.S.A. (NYSE:SKX) ranks second with a gain of 1.93%; and Deckers Outdoor (NASDAQ:DECK) ranks third with a gain of 1.30%.

Steven Madden (NASDAQ:SHOO) follows with a gain of 1.25% and NIKE (NYSE:NKE) rounds out the top five with a gain of 1.21%.

SmarTrend recommended that its subscribers protect gains by selling shares of NIKE on December 24th, 2015 by issuing a Downtrend alert when the shares were trading at $63.44. Since that call, shares of NIKE have fallen 15.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance crocs skechers u.s.a. deckers outdoor steven madden Nike