Upwork had its Relative Strength (RS) Rating upgraded from 67 to 71 Friday — a welcome improvement, but still short of the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they begin their biggest climbs. See if Upwork can continue to show renewed price strength and hit that benchmark.
Upwork is not currently near a potential buy zone. See if the stock goes on to form a base that could spark a new run.
Earnings growth moved up last quarter from 50% to 55%, but revenue fell from 4% to 1%. Keep an eye out for the company's next round of numbers on or around Jul. 24.
Upwork earns the No. 2 rank among its peers in the Commercial Services-Staffing industry group. Heidrick & Struggles is the top-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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