The Relative Strength (RS) Rating for Zoom Communications stock climbed into a higher percentile Monday, as it got a lift from 68 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks tend to have an 80 or better RS Rating as they launch their biggest climbs. See if Zoom Communications can continue to rebound and hit that benchmark.
Is Zoom Communications Stock A Buy?
Zoom Communications stock is trying to complete a consolidation with a 92.80 entry. See if the computer software stock can break out in volume at least 40% above average.
The video conferencing software firm showed 6% earnings growth in the latest quarterly report. Revenue gains came in at 3%.
Zoom Communications stock earns the No. 26 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and Shopify are among the top 5 highly rated stocks within the group.
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