The Relative Strength (RS) Rating for Bentley Systems entered a new percentile Monday, as it got a lift from 63 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their largest price moves. See if Bentley Systems can continue to show renewed price strength and clear that threshold.
While Bentley Systems is not near a proper buy point right now, see if it manages to form and break out of a proper base.
Bentley Systems reported 3% EPS growth in its most recent report. Sales increased 10%.
Bentley Systems holds the No. 5 rank among its peers in the Computer Software-Design industry group. Cadence Design Systems is the No. 1-ranked stock 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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