On Wednesday, Q2 Holdings earned a positive adjustment to its Relative Strength (RS) Rating, from 66 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the best stocks tend to have an 80 or better RS Rating as they launch their biggest climbs. See if Q2 Holdings can continue to rebound and hit that benchmark.
While it's not currently an ideal time to invest, see if the stock is able to establish and enter a buying range in heavy trade.
Q2 Holdings posted 0% EPS growth last quarter. Revenue increased 13%. The next quarterly numbers are expected on or around May 6.
The company holds the No. 17 rank among its peers in the Computer Software-Financial industry group. Nayax, Guidewire Software 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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