The Relative Strength (RS) Rating for Sciplay Corporation entered a new percentile Wednesday, as it got a lift from 70 to 75.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This proprietary rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Sciplay Corporation can continue to rebound and hit that benchmark.
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While the stock is not near a proper buying range right now, see if it manages to form and break out of a proper consolidation.
The company posted negative growth for both sales and earnings last quarter.
Sciplay Corporation holds the No. 2 rank among its peers in the Computer Software-Gaming industry group. Sciplay Corporation and Neogames S A are also among the group's highest-rated stocks.
