Infosys ADR saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 68 to 74.
IBD's proprietary RS Rating measures technical performance 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 shows that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Infosys ADR can continue to show renewed price strength and hit that benchmark.
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Infosys ADR is building a flat base with a 23.48 buy point. See if it can break out in heavy volume.
Infosys ADR reported 6% EPS growth in its most recent report. Revenue increased 4%.
The company earns the No. 25 rank among its peers in the Computer-Technical Services industry group. GitLab Cl A, Dave and Innodata are among the top 5 highly rated stocks within the group.
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