SS&C Technologies had its Relative Strength (RS) Rating upgraded from 70 to 74 Friday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Decades of market research reveals that the top-performing stocks often have an 80 or higher RS Rating as they launch their largest price moves. See if SS&C Technologies can continue to show renewed price strength and clear that threshold.
SS&C Technologies is trying to complete a consolidation with an 89.73 buy point. See if it can break out in heavy volume.
The company reported 8% earnings growth in the latest quarterly report, while sales growth came in at 5%.
SS&C Technologies earns the No. 13 rank among its peers in the Computer Software-Financial industry group. CoreCard, Guidewire Software and Intuit 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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