Q2 Holdings had its Relative Strength (RS) Rating upgraded from 80 to 85 Tuesday.
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves.
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Q2 Holdings is now considered extended and out of buy range after clearing a 75.94 buy point in a second-stage consolidation. 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.
Q2 Holdings showed 0% earnings growth last quarter, while sales growth came in at 13%.
Q2 Holdings earns the No. 17 rank among its peers in the Computer Software-Financial industry group. Clearwater Analytics, Intapp and MoneyLion 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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