On Monday, Coursera earned a positive adjustment to its Relative Strength (RS) Rating, from 78 to 92.
How To Use Stock Charts To Stay Profitable And Protected
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves.
Coursera has risen more than 5% past a 9.52 entry in a first-stage consolidation, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings growth fell last quarter from 71% to 33%. But revenue moved higher, from 6% to 10%.
The company earns the No. 2 rank among its peers in the Computer Software-Education industry group. Spotify Technology is the top-ranked stock 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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