On Thursday, NCR Atleos got a positive adjustment to its Relative Strength (RS) Rating, from 67 to 72.
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 in the early stages of their moves. See if NCR Atleos can continue to rebound and clear that threshold.
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NCR Atleos is working on a consolidation with a 35.29 entry. See if it can break out in volume at least 40% above average.
While sales growth fell last quarter from 6% to 4%, the bottom line grew -52%, up from -61% in the previous report. The company is expected to report its latest numbers on or around Nov. 12.
NCR Atleos holds the No. 7 rank among its peers in the Computer-Integrated Systems industry group. Agilysys, Diebold Nixdorf and Par Technology are among the top 5 highly rated stocks within the group.
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