The Relative Strength (RS) Rating for Agilysys stock jumped into a new percentile Thursday, with a rise from 64 to 81.
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 holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.
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Is Agilysys Stock A Buy?
Agilysys stock soared on positive fiscal 2024 Q4 earnings results and has moved more than 5% past an 84.88 entry in a second-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
The hospitality software provider showed 23% earnings growth in its most recent report, while sales growth came in at 18%.
Agilysys stock holds the No. 1 rank among its peers in the Computer-Integrated Systems industry group. Diebold Nixdorf and NCR Atleos are also among the group's highest-rated stocks.
