JFrog saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 82 to 92.
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This unique rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the top-performing stocks often have an RS Rating north of 80 at the beginning of a new climb.
JFrog is building a cup without handle with a 43.00 entry. See if the stock can break out in heavy trade.
Top and bottom line growth moved higher last quarter. Earnings were up 25%, compared to 0% in the prior report. Revenue increased from 19% to 22%.
JFrog holds the No. 15 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Nexxen International 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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