On Thursday, Affirm Holdings Cl A received an upgrade to its Relative Strength (RS) Rating, from 90 to 93.
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This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 at the beginning of a new run.
While Affirm Holdings Cl A is not near a proper entry right now, see if it is able to form and break out from a proper chart pattern.
The company reported 0% earnings growth last quarter, while sales growth came in at 36%.
Affirm Holdings Cl A holds the No. 12 rank among its peers in the Finance-Card/Payment Processing industry group. Sezzle, Toast and Paymentus Holdings are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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