Certara Sees Relative Strength Rating Climb To 76
On Thursday, Certara earned an upgrade to its Relative Strength (RS) Rating, from 70 to 76.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Certara can continue to show renewed price strength and clear that threshold.
Certara is building a cup with handle with a 39.90 entry. See if it can clear the breakout price in heavy volume.
Certara showed 33% earnings growth last quarter, while sales growth came in at 15%. The company is expected to report its latest results on or around Oct. 28.
The company holds the No. 7 rank among its peers in the Computer Software-Medical industry group. Inovalon and Optimizerx are also among the group's highest-rated stocks.