On Tuesday, Qualys earned an upgrade to its Relative Strength (RS) Rating, from 65 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history shows that the top-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Qualys can continue to show renewed price strength and hit that benchmark.
Qualys is building a double bottom with a 150.58 buy point. See if the stock can clear the breakout price in heavy trading.
The company posted 15% earnings growth in its most recent report. Revenue gains came in at 10%.
The company earns the No. 3 rank among its peers in the Computer Software-Security industry group. CrowdStrike Holdings 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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