Descartes Systems Group had its Relative Strength (RS) Rating upgraded from 69 to 72 Wednesday — a welcome improvement, but still shy of the 80 or higher score you look for.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Descartes Systems Group can continue to show renewed price strength and hit that benchmark.
Descartes Systems Group is building a consolidation with a 124.31 entry. See if it can break out in volume at least 40% higher than normal.
Descartes Systems Group showed 16% earnings growth in the latest quarterly report. Sales gains came in at 13%. The next quarterly numbers are expected on or around Jun. 4.
The company earns the No. 5 rank among its peers in the Computer Software-Special Enterprise industry group. Karooooo 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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