Banking

Sciplay Corporation Clears Key Benchmark, Hitting 80-Plus RS Rating

On Thursday, Sciplay Corporation (SCPL) cleared an important performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 83, up from 77 the day before.




X



When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique RS 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 reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating in the early stages of their moves.


Looking For The Best Stocks To Buy And Watch? Start Here


Sciplay Corporation is working on a consolidation with a 21.84 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.

The company reported negative growth for both sales and earnings last quarter.

The company holds the No. 1 rank among its peers in the Computer Software-Gaming industry group.

YOU MIGHT ALSO LIKE:

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

Find Top Stocks Near A Buy Point With IBD Leaderboard

Most Related Links :
honestcolumnist Governmental News Finance News

Source link

Back to top button