On Monday, Q2 Holdings reached an important technical milestone, with its Relative Strength (RS) Rating climbing into the 80-plus percentile with an improvement to 81, a rise from 77 the day before.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves.
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Q2 Holdings is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could spark a new run.
The company reported 0% EPS growth last quarter, while sales growth came in at 13%.
Q2 Holdings holds the No. 19 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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