TSS had its Relative Strength (RS) Rating upgraded from 75 to 85 Thursday.
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IBD's proprietary RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against the rest of the market.
History shows that the market's biggest winners typically have an RS Rating north of 80 as they launch their biggest climbs.
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.
TSS showed 0% EPS growth in its most recent report, while sales growth came in at 262%.
TSS holds the No. 17 rank among its peers in the Computer-Technical Services industry group. Innodata, TaskUs and Dave 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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