The Relative Strength (RS) Rating for Asana headed into a new percentile Wednesday, as it got a lift from 66 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Asana can continue to rebound and hit that benchmark.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to establish and enter a buying range in heavy volume.
Asana showed 0% EPS growth in its most recent report. Revenue increased 10%. Look for the next report on or around Jun. 3.
The company earns the No. 39 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Nexxen International and ServiceNow are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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