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Par Technology Shows Rising Relative Price Performance; Still Shy Of Key Threshold

In a welcome move, Par Technology (PAR) saw its Relative Strength Rating improve from 69 to 75 on Friday.

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

IBD’s unique 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 compares to all the other stocks in our database.

Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of at least 80 in the early stages of their moves. See if Par Technology can continue to rebound and hit that benchmark.


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Par Technology has moved more than 5% past a 46.59 entry in a second-stage cup without handle, meaning it’s now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.

While EPS growth declined in the prior quarter from 0% to -71%, sales rose 51%, up from 0% in the previous report. The company is expected to report its latest earnings and sales numbers on or around Nov. 6.

Par Technology holds the No. 4 rank among its peers in the Computer-Integrated Systems industry group. NCR (NCR) and National Instrument (NATI) are also among the group’s highest-rated stocks.

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