Concentrix saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 79 to 83.
Hone Your Stock-Picking Skills By Focusing On These Factors
This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the top-performing stocks often have an RS Rating of over 80 as they launch their biggest price moves.
Concentrix is trying to complete a cup without handle with a 66.00 buy point. See if the stock can break out in heavy trading.
Earnings growth increased last quarter from -3% to 9%. But revenue gains fell from 10% to -1%.
The company holds the No. 27 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and ServiceNow 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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