On Friday, Tyler Technologies reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 83, up from 80 the day before.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating of at least 80 as they launch their biggest runs.
Risk Management In The Stock Market: How Much Money To Invest Now
Tyler Technologies is working on a flat base with a 638.56 entry. See if the stock can break out in heavy trade.
While earnings-per-share growth dropped in the prior quarter from 19% to 18%, revenue grew 10%, up from 7% in the prior report.
The company earns the No. 10 rank among its peers in the Computer Software-Special Enterprise industry group. AppLovin, AppFolio and Cellebrite DI are among the top 5 highly rated stocks within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
