The Relative Strength (RS) Rating for BlackLine moved into a higher percentile Wednesday, as it got a lift from 64 to 75.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily 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 holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if BlackLine can continue to show renewed price strength and hit that benchmark.
BlackLine is trying to complete a cup without handle with a 66.25 entry. See if the stock can break out in heavy volume.
Earnings growth increased last quarter from -32% to -9%, but the top line fell from 9% to 6%.
The company earns the No. 6 rank among its peers in the Computer Software-Special Enterprise industry group. Karooooo, ReposiTrak and AppLovin 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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