Pagaya Technologies had its Relative Strength (RS) Rating upgraded from 89 to 93 Wednesday.
How To Use Stock Charts To Stay Profitable And Protected
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade 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 reveals that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves.
Pagaya Technologies is not currently offering a proper buying opportunity. See if the stock goes on to build a sound pattern that could kick off a new climb.
Earnings growth rose last quarter from -15% to 245%. But revenue gains fell from 28% to 18%.
The company holds the No. 10 rank among its peers in the Computer Software-Financial industry group. OppFi, CoreCard 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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