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Outperforming Retail Stock Has Room To Run
DECKDeckers(DECK) Forbes·2024-12-27 00:54

Retail stock Deckers Outdoor Corp (DECK) sports an 87.4% lead for 2024, and is today on track for its fourth gain in the last five sessions. The shares are also fresh off a Dec. 20, all-time high of $214.70, with support from the 20-day moving average containing several pullbacks since early November. Plus, a historically bullish signal now flashing indicates there is room for more record peaks going forward.Specifically, Deckers stock’s recent high coincides with historically low implied volatility (IV) — ...