SEI Investments saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 69 to 73.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves. See if SEI Investments can continue to rebound and clear that threshold.
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SEI Investments is now considered extended and out of buy range after clearing a 72.54 buy point in a first-stage flat base. 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.
Earnings growth fell in the company's most recent report from 37% to 31%, but revenue rose from 13% to 15%. The next quarterly numbers are expected on or around Apr. 17.
SEI Investments earns the No. 11 rank among its peers in the Finance-Investment Management industry group. P10, Acadian Asset Management and StepStone Group 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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