On Tuesday, Upstart Holdings hit an important technical milestone, with its Relative Strength (RS) Rating climbing into the 80-plus percentile with an upgrade to 87, a rise from 72 the day before.
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This exclusive rating from Investor's Business Daily measures share price movement 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 reveals that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 in the early stages of their moves.
While Upstart Holdings is not near an ideal buy zone right now, see if it manages to form and break out of a proper base.
Upstart Holdings showed 0% earnings growth in its most recent report, while sales growth came in at 67%.
Upstart Holdings earns the No. 10 rank among its peers in the Finance-Consumer Loans industry group. Atlanticus Holdings, Enova International and SoFi Technologies 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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