The Relative Strength (RS) Rating for CrowdStrike Holdings climbed into a new percentile Tuesday, as it got a lift from 70 to 75.
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IBD's unique RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of at least 80 as they begin their largest price moves. See if CrowdStrike Holdings can continue to show renewed price strength and hit that benchmark.
CrowdStrike Holdings has moved more than 5% past a 400.02 entry in a first-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
CrowdStrike Holdings posted -8% EPS growth last quarter, while sales growth came in at 20%. The company is expected to report its latest earnings and sales numbers on or around Aug. 27.
CrowdStrike Holdings holds the No. 8 rank among its peers in the Computer Software-Security industry group. CyberArk Software, Gen Digital and Zscaler 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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