TSS had its Relative Strength (RS) Rating upgraded from 90 to 93 Thursday.
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This proprietary rating measures technical performance by showing how a stock's price movement 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 market's biggest winners typically have an RS Rating of at least 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 line.
TSS reported 0% earnings growth in its most recent report, while sales growth came in at 262%.
The company earns the No. 15 rank among its peers in the Computer-Technical Services industry group. TaskUs, Dave and GigaCloud Technology 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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