Affirm Holdings Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 83 to 92.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their largest price moves.
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Affirm Holdings Cl A is now considered extended and out of buy range after clearing a 25.63 buy point in a second-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Affirm Holdings Cl A reported 0% EPS growth in the latest quarterly report, while sales growth came in at 51%.
The company holds the No. 17 rank among its peers in the Finance-Card/Payment Processing industry group. Kaspi.kz ADR, Nuvei and Visa Cl A are among the top 5 highly rated stocks within the group.
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