The Relative Strength (RS) Rating for Freshworks Cl A entered a new percentile Monday, as it got a lift from 67 to 77.
Can You Really Time The Stock Market?
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if Freshworks Cl A can continue to rebound and hit that benchmark.
While now is not an ideal time to jump in, see if the stock manages to establish and enter a buy zone in heavy volume.
Earnings growth increased last quarter from 75% to 80%. But revenue gains fell from 22% to 19%. Keep an eye out for the company's next round of numbers on or around Jul. 29.
Freshworks Cl A holds the No. 12 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and Shopify 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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