Verra Mobility Getting Closer To Key Technical Measure

The Relative Strength (RS) Rating for Verra Mobility headed into a new percentile Wednesday, as it got a lift from 69 to 76.

IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

History reveals that the best stocks often have an RS Rating of above 80 as they launch their biggest price moves. See if Verra Mobility can continue to show renewed price strength and hit that benchmark.

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Verra Mobility is trying to complete a consolidation with a 31.03 entry. See if it can break out in heavy trade.

Earnings growth picked up last quarter from 7% to 10%. But sales fell from 9% to 7%. Look for the next report on or around Feb. 27.

The company holds the No. 7 rank among its peers in the Computer Software-Special Enterprise industry group. Descartes Systems Group, Atlassian Cl A and AppLovin are among the top 5 highly rated stocks within the group.

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