The Relative Strength (RS) Rating for Freshworks Cl A climbed into a higher percentile Monday, as it got a lift from 68 to 75.
IBD's unique RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the best stocks tend to have an RS Rating of at least 80 as they launch their largest price moves. See if Freshworks Cl A can continue to show renewed price strength and hit that benchmark.
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Freshworks Cl A is not currently showing a potential buy point. See if the stock goes on to form a chart pattern that could kick off a new climb.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 14% to 38%. Revenue rose from 20% to 22%.
Freshworks Cl A holds the No. 43 rank among its peers in the Computer Software-Enterprise industry group. Klaviyo, Cloudflare and ServiceNow are among the top 5 highly rated stocks within the group.
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