Quantcast

Stocks With Rising Relative Price Strength: Jack Henry & Associates


Shutterstock photo

Jack Henry & Associates ( JKHY ) had its Relative Strength ( RS ) Rating upgraded from 79 to 82 Friday.

[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's unique rating measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the best stocks typically have an 80 or higher RS Rating as they begin their biggest runs.

Looking For Winning Stocks? Try This Simple Routine

Jack Henry & Associates is now considered extended and out of buy range after clearing a 109.77 buy point in a first-stage cup without handle . 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 line.

Earnings growth moved up last quarter from -22% to 4%, but sales fell from 5% to 4%.

The company earns the No. 6 rank among its peers in the Computer Software-Financial industry group. Intuit ( INTU ), Black Knight Financial Services ( BKI ) and DST Systems ( DST ) are among the top 5 highly rated stocks within the group.

RELATED:

Stocks With Rising Relative Strength Ratings

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: JKHY , RS , INTU , BKI ,



More from Investor's Business Daily

Subscribe






Investor's Business Daily
Contributor:

Investor's Business Daily

Investing










Research Brokers before you trade

Want to trade FX?