The Relative Strength (RS) Rating for Affirm Holdings Cl A entered a new percentile Monday, with an increase from 64 to 81.
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This proprietary rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their biggest price moves.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to offer and clear an appropriate buy point.
The company showed 0% earnings growth in its most recent report, while sales growth came in at 47%. Look for the next report on or around May 8.
The company earns the No. 16 rank among its peers in the Finance-Card/Payment Processing industry group. Paymentus Holdings, Toast and Mastercard 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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