The Relative Strength (RS) Rating for Ansys climbed into a new percentile Monday, as it got a lift from 67 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Ansys can continue to rebound and clear that threshold.
Ansys is not currently near a potential buy zone. See if the stock goes on to build a promising consolidation that could ignite a new run.
Earnings growth increased last quarter from 13% to 18%. But sales fell from 10% to 8%. The next quarterly numbers are expected on or around Jul. 30.
The company earns the No. 5 rank among its peers in the Computer Software-Design industry group. Autodesk 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.
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