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Relatively Good Performance Detected in Shares of Hibbett Sports I in the Specialty Stores Industry (HIBB , MIK , VSI , TSCO , SIG )

By Nick Russo

We looked at the Specialty Stores 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.

Hibbett Sports I (NASDAQ:HIBB ) ranks first with a gain of 2.30%; Michaels Cos Inc (NASDAQ:MIK ) ranks second with a gain of 1.74%; and Vitamin Shoppe (NYSE:VSI ) ranks third with a gain of 1.20%.

Tractor Supply (NASDAQ:TSCO ) follows with a gain of 0.86% and Signet Jewelers (NYSE:SIG ) rounds out the top five with a gain of 0.26%.

SmarTrend recommended that its subscribers protect gains by selling shares of Michaels Cos Inc on January 30th, 2019 by issuing a Downtrend alert when the shares were trading at $14.00. Since that call, shares of Michaels Cos Inc have fallen 9.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance hibbett sports i michaels cos inc Vitamin Shoppe tractor supply signet jewelers