On Tuesday, Commvault Systems received an upgrade to its Relative Strength (RS) Rating, from 68 to 73.
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This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Commvault Systems can continue to rebound and hit that benchmark.
While Commvault Systems is not near a proper buy zone right now, see if it goes on to form and break out of a proper base.
In terms of fundamental health, the company has posted rising EPS growth over the last four quarters. Top line growth has also increased during the same period. The company is expected to report its next quarterly numbers on or around Jul. 29.
The company earns the No. 1 rank among its peers in the Computer Software-Database industry group. Oracle and Couchbase are also among the group's highest-rated stocks.
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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