One important metric to look for in a stock is an 80 or higher Relative Strength Rating. TSS cleared that benchmark Tuesday, with a jump from 74 to 85 Tuesday.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves.
TSS has climbed more than 5% past a 12.99 entry in a second-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
The company reported 0% earnings growth in its most recent report. Sales gains came in at 262%.
The company earns the No. 17 rank among its peers in the Computer-Technical Services industry group. Dave, IBEX and Innodata 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength