On Friday, SEI Investments earned a positive adjustment to its Relative Strength (RS) Rating, from 68 to 82.
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This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against that of all other stocks.
Decades of market research shows that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves.
SEI Investments is building a consolidation with an 87.25 entry. See if it can break out in heavy trade.
The company showed 18% earnings growth in its most recent report. Sales gains came in at 8%.
The company holds the No. 6 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, Sprott and P10 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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