On Wednesday, SS&C Technologies earned an upgrade to its Relative Strength (RS) Rating, from 69 to 72.
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IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if SS&C Technologies can continue to show renewed price strength and clear that threshold.
SS&C Technologies has risen more than 5% past an 81.31 entry in a first-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings grew 10% last quarter, up from 8% in the prior report. Revenue also increased, from 5% to 6%.
SS&C Technologies holds the No. 6 rank among its peers in the Computer Software-Financial industry group. Pagaya Technologies, Nayax and Guidewire Software 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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