Pure Storage Cl A saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 61 to 73.
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This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they begin their largest runs. See if Pure Storage Cl A can continue to show renewed price strength and clear that threshold.
Pure Storage Cl A is not currently near a potential buying area. See if the stock goes on to build a promising consolidation that could launch a new move.
Pure Storage Cl A saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -10% to -9%. Revenue rose from 11% to 12%.
The company holds the No. 5 rank among its peers in the Computer Software-Storage industry group. Micron Technology 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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