In a welcome move, Gen Digital saw its Relative Strength Rating improve from 66 to 74 on Monday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Gen Digital can continue to rebound and hit that benchmark.
Gen Digital is trying to complete a cup with handle with a 29.80 entry. See if it can break out in heavy trading.
Earnings growth declined last quarter from 14% to 13%. But revenue moved higher, from 4% to 5%.
Gen Digital holds the No. 9 rank among its peers in the Computer Software-Security industry group. CrowdStrike Holdings, Zscaler and Cognyte Software 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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