The Relative Strength (RS) Rating for Par Technology jumped into a new percentile Friday, with an increase from 80 to 83.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an 80 or higher RS Rating as they begin their biggest climbs.
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Par Technology has risen more than 5% past a 50.00 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Par Technology reported 0% earnings growth last quarter, while sales growth came in at 50%.
The company earns the No. 3 rank among its peers in the Computer-Integrated Systems industry group. NCR Atleos is the top-ranked stock 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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