In a welcome move, Cimpress saw its Relative Strength Rating improve from 70 to 73 on Tuesday.
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This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves. See if Cimpress can continue to rebound and hit that benchmark.
While the stock is not near a proper buy point right now, see if it manages to form and break out of a proper consolidation.
Cimpress showed 0% EPS growth in the latest quarterly report. Revenue rose 4%.
Cimpress earns the No. 5 rank among its peers in the Commercial Services-Document Management industry group. Pitney Bowes is the top-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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