On Monday, Upstart Holdings got a positive adjustment to its Relative Strength (RS) Rating, from 87 to 91.
How To Use Stock Charts To Stay Profitable And Protected
IBD's proprietary rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best stocks tend to have an 80 or better RS Rating at the beginning of a new climb.
While Upstart Holdings is not near a proper buy zone right now, see if it manages to form and break out from a proper chart pattern.
Upstart Holdings reported 0% earnings growth in its most recent report, while sales growth came in at 67%.
The company earns the No. 7 rank among its peers in the Finance-Consumer Loans industry group. Atlanticus Holdings, SoFi Technologies and Enova International 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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