Pegasystems (PEGA) Is Up 0.99% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Pegasystems (PEGA) currently holding a Momentum Style Score of B [2][3] Group 2: Performance Metrics - PEGA shares have increased by 0.99% over the past week, outperforming the Zacks Computer - Software industry, which rose by 0.14% [5] - Over the past quarter, PEGA shares have risen by 13.24%, and over the last year, they have gained 54.97%, while the S&P 500 has moved -3.09% and 13.39%, respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for PEGA is 1,012,420 shares, indicating a bullish sign if the stock is rising with above-average volume [7] - In the past two months, four earnings estimates for PEGA have increased, raising the consensus estimate from $3.10 to $3.26 [9] Group 4: Conclusion - Given the positive performance metrics and earnings outlook, PEGA is rated as a 2 (Buy) stock with a Momentum Score of B, making it a potential pick for near-term gains [11]