In a welcome move, WNS (Holdings) saw its Relative Strength Rating improve from 70 to 74 on Monday.
How To Invest In Stocks In Both Bull And Bear Markets
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if WNS (Holdings) can continue to show renewed price strength and hit that benchmark.
WNS (Holdings) is trying to complete a consolidation with a 72.11 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings growth rose in the company's most recent report from -13% to 29%, but sales fell from 2% to 0%.
The company holds the No. 9 rank among its peers in the Commercial Services-Outsourcing industry group. Red Violet, ExlService Holdings and HealthEquity 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
