Freshworks Cl A saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 62 to 74.
Can You Really Time The Stock Market?
IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their largest climbs. See if Freshworks Cl A can continue to show renewed price strength and clear that threshold.
While the stock is not near a proper entry right now, see if it goes on to form and break out of a proper base.
Earnings growth rose last quarter from 75% to 80%. But sales fell from 22% to 19%.
Freshworks Cl A holds the No. 4 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies is the No. 1-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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