In a welcome move, CSG Systems International saw its Relative Strength Rating rise from 66 to 72 on Wednesday.
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IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest price moves. See if CSG Systems International can continue to show renewed price strength and hit that benchmark.
CSG Systems International is building a flat base with a 67.58 entry. See if the stock can clear the breakout price in heavy trade.
Top and bottom line growth moved higher last quarter. Earnings were up 14%, compared to 13% in the prior report. Revenue increased from 1% to 2%.
The company holds the No. 3 rank among its peers in the Commercial Services-Outsourcing industry group. Red Violet 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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