TSS had its Relative Strength (RS) Rating upgraded from 79 to 87 Thursday.
This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research reveals that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves.
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TSS is now considered extended and out of buy range after clearing a 12.99 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 moving average.
Earnings grew 900% last quarter, up from 500% in the prior report. Revenue also increased, from -16% to 689%.
The company holds the No. 5 rank among its peers in the Computer-Technical Services industry group. GitLab Cl A is the No. 1-ranked stock within the group.
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