Lightspeed Commerce saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 79 to 82.
IBD's proprietary rating measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest climbs.
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Lightspeed Commerce is building a cup without handle with a 21.71 entry. See if it can clear the breakout price in volume at least 40% above average.
While the company's top line growth fell last quarter from 27% to 20%, the bottom line grew 225%, up from 0% in the prior report.
The company holds the No. 6 rank among its peers in the Computer Software-Special Enterprise industry group. AppLovin, Descartes Systems Group and HubSpot are among the top 5 highly rated stocks within the group.
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