In a welcome move, Samsara saw its Relative Strength Rating rise from 70 to 78 on Monday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to the rest of the market.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they begin their largest runs. See if Samsara can continue to rebound and clear that threshold.
Samsara is not currently offering a proper buying opportunity. See if the stock goes on to form a base that could launch a new move.
Earnings growth rose last quarter from 75% to 175%, but the top line fell from 36% to 25%. Look for the next report on or around Jun. 5.
The company earns the No. 13 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and ServiceNow 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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