The Relative Strength (RS) Rating for AvidXchange entered a higher percentile Thursday, as it got a lift from 70 to 73.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of over 80 as they begin their largest runs. See if AvidXchange can continue to show renewed price strength and clear that threshold.
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AvidXchange is trying to complete a consolidation with a 13.56 entry. See if it can break out in volume at least 40% higher than normal.
While sales growth fell last quarter from 15% to 14%, EPS grew 133%, up from 0% in the previous report.
The company earns the No. 6 rank among its peers in the Computer Software-Financial industry group. Coinbase Global, Clearwater Analytics and Intapp are among the top 5 highly rated stocks within the group.
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