Procore Technologies stock saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 65 to 73.
Can You Really Time The Stock Market?
This proprietary 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 shows that the top-performing stocks often have an RS Rating north of 80 as they begin their largest runs. See if Procore Technologies stock can continue to rebound and clear that threshold.
Is Procore Technologies Stock A Buy?
Procore Technologies stock is trying to complete a cup with handle with a 75.10 entry. See if the tech stock can break out in volume at least 40% above average.
While revenue growth fell last quarter from 16% to 15%, earnings-per-share grew -23%, up from -94% in the previous report. The company is expected to report its latest earnings and sales numbers on or around Jul. 31.
Procore Technologies stock holds the No. 50 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.
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