On Thursday, SAP ADR earned a positive adjustment to its Relative Strength (RS) Rating, from 88 to 91.
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This exclusive rating from Investor's Business Daily tracks market leadership 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 shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 at the beginning of a new run.
SAP ADR is working on a double bottom with a 280.44 entry. See if it can break out in volume at least 40% above average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 17% to 79%. Revenue rose from 4% to 12%.
SAP ADR earns the No. 4 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies 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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