MoneyLion saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 84 to 93.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of over 80 as they begin their largest price moves.
Here Are 3 Keys For Successful Stock Investing
MoneyLion is now considered extended and out of buy range after clearing a 66.98 buy point in a second-stage cup without handle. 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 line.
MoneyLion posted 0% EPS growth in the latest quarterly report. Revenue increased 23%.
MoneyLion holds the No. 22 rank among its peers in the Computer Software-Financial industry group. Coinbase Global, Clearwater Analytics and Intapp are among the top 5 highly rated stocks within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
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!
