May 5, 2021
technicals Analysis
[1 min Read]
Aritzia (ATZ.TO) has a beta of 1.67 (Yahoo Finance), making it quite a risky portfolio due to its high volatility compared to the rest of the market. However, this means that this stock will also provide a higher return, following the high-risk-high-return principle. This stock has a 100-day RSI of 56.94% (Barchart.com). This is in support of it being in a bullish market, and makes it a perfectly valued stock that has great growth potential and strength for the future. It's 100-day moving average of 28.79 (Barchart.com) makes it an attractive buy for long-term investors. This shows that the stock price has increased over the past 100 days, and with its growth, strength, and the fact that it's in a bullish market, it makes it a rewarding investment.