On Thursday, Upstart Holdings cleared a noteworthy performance benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 93, up from 77 the day before.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of above 80 as they launch their largest runs.
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Upstart Holdings is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could kick off a new climb.
The company showed 0% earnings growth last quarter. Sales gains came in at 56%. The next quarterly numbers are expected on or around May 6.
The company earns the No. 14 rank among its peers in the Finance-Consumer Loans industry group. Atlanticus Holdings, Enova International and Mr. Cooper Group 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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