In a welcome move, SS&C Technologies saw its Relative Strength Rating rise from 70 to 74 on Friday.
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IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating of over 80 as they begin their largest climbs. See if SS&C Technologies can continue to rebound and clear that threshold.
SS&C Technologies is now considered extended and out of buy range after clearing an 81.31 buy point in a first-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 10%, compared to 8% in the prior report. Revenue increased from 5% to 6%.
SS&C Technologies earns the No. 4 rank among its peers in the Computer Software-Financial industry group. Pagaya Technologies is the No. 1-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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