TSS saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 84 to 93.
How To Use Stock Charts To Stay Profitable And Protected
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best stocks often have an RS Rating of over 80 at the beginning of a new run.
TSS is now considered extended and out of buy range after clearing a 12.99 buy point in a second-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 1,100%, compared to 700% in the prior report. Revenue increased from 105% to 523%.
TSS holds the No. 2 rank among its peers in the Computer-Technical Services industry group. Dave is the top-ranked stock 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:
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
