The Relative Strength (RS) Rating for Hercules Capital climbed into a new percentile Thursday, with a rise from 79 to 82.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an 80 or higher RS Rating as they begin their biggest climbs.
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Hercules Capital is now considered extended and out of buy range after clearing a 20.42 buy point in a first-stage cup with handle. 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.
The company reported negative growth for both sales and earnings last quarter.
The company earns the No. 33 rank among its peers in the Finance-Investment Management industry group. P10, Hennessy Advisors and Equitable Holdings are among the top 5 highly rated stocks within the group.
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