One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Jack Henry & Associates now clears that threshold, with a jump from 79 to 82 Monday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best-performing stocks often have an RS Rating of above 80 in the early stages of their moves.
Jack Henry & Associates is working on a consolidation with a 196.00 entry. See if the stock can break out in volume at least 40% higher than normal.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 11% to 22%. Revenue rose from 5% to 9%.
The company earns the No. 6 rank among its peers in the Computer Software-Financial industry group. CoreCard, OppFi and Fair Isaac are among the top 5 highly rated stocks 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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