In a welcome move, Twilio Cl A saw its Relative Strength Rating rise from 63 to 72 on Thursday.
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This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating of at least 80 in the early stages of their moves. See if Twilio Cl A can continue to show renewed price strength and clear that threshold.
Twilio Cl A is working on a consolidation with a 135.40 buy point. See if the stock can clear the breakout price in heavy volume.
Earnings growth fell in the most recent report from 43% to 37%. But revenue gains moved higher, from 12% to 13%. The next quarterly numbers are expected on or around Oct. 30.
Twilio Cl A holds the No. 12 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Snowflake and Cloudflare 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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