The Relative Strength (RS) Rating for Coinbase Global stock entered a new percentile Monday, with an increase from 70 to 85.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against the rest of the market.
Decades of market research shows that the best stocks often have an RS Rating of over 80 as they begin their biggest runs.
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Is Coinbase Global Stock A Buy?
Coinbase Global stock is trading below its 50- and 200-day moving average and is not currently showing a potential buy point. See if the stock goes on to form a base that could launch a new move.
The cryptocurrency fintech company posted 0% EPS growth in its most recent report. Sales rose 105%.
Coinbase Global stock holds the No. 9 rank among its peers in the Computer Software-Financial industry group. Intapp, Vertex and ACI Worldwide are among the top 5 highly rated stocks within the group.