The Relative Strength (RS) Rating for Coursera stock moved up into a higher percentile Monday, as it got a lift from 63 to 79.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This proprietary rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 as they launch their biggest runs. See if Coursera stock can continue to show renewed price strength and hit that benchmark.
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Is Coursera Stock A Buy?
Coursera stock soared on better-than-expected Q2 earnings results last week. The online education stock has moved more than 5% past a 14.11 entry in a first-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The online learning platform firm reported 0% earnings growth in the latest quarterly report, while sales growth came in at 23%.
Coursera stock holds the No. 5 rank among its peers in the Computer Software-Education industry group. Coursera and Duolingo are also among the group's highest-rated stocks.
