In a welcome move, C3.ai saw its Relative Strength Rating rise from 70 to 78 on Friday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if C3.ai can continue to show renewed price strength and clear that threshold.
C3.ai is building a cup without handle with a 30.24 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company posted 0% earnings growth last quarter. Sales rose 26%.
C3.ai earns the No. 22 rank among its peers in the Computer Software-Special Enterprise industry group. AppLovin, Karooooo and AppFolio 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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