Insperity Shows Rising Relative Price Performance; Still Shy Of Key Threshold
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On Tuesday, Insperity ( NSP ) received an upgrade to its Relative Strength ( RS ) Rating , from 69 to 75.
[ibd-display-video id=449433 width=50 float=left autostart=true] IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Insperity can continue to rebound and hit that benchmark.
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The stock is building a cup with handle with a 90.35 buy point . See if it can break out in heavy volume.
Top and bottom line growth moved higher last quarter. Earnings were up 37%, compared to 13% in the prior report. Revenue increased from 10% to 12%.
Insperity holds the No. 2 rank among its peers in the Commercial Services-Outsourcing industry group. WNS ( WNS ) is the top-ranked stock within the group.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.