On Tuesday, Agilysys received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 74.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating of at least 80 as they launch their biggest climbs. See if Agilysys can continue to show renewed price strength and hit that benchmark.
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While Agilysys is not near an ideal buy point right now, see if it goes on to form and break out of a proper chart pattern.
Earnings growth fell last quarter from 67% to 36%. But revenue gains moved higher, from 13% to 16%.
The company holds the No. 1 rank among its peers in the Computer-Integrated Systems industry group. Diebold Nixdorf and Par Technology are also among the group's highest-rated stocks.
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