Shares of Skechers U.S.A. Rank the Highest in Terms of Relative Performance in the Footwear Industry (SKX, DECK, SHOO, WWW, NKE)
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.
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 13.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: relative performance skechers u.s.a. deckers outdoor steven madden wolverine world wide Nike