Five9 stock had its Relative Strength (RS) Rating upgraded from 67 to 83 Friday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
Decades of market research shows that the best stocks often have an RS Rating north of 80 as they begin their biggest runs.
Looking For Winning Stocks? Try This Simple Routine
Is Five9 Stock A Buy?
Five9 Stock recently reclaimed its 200-day moving average. Now is not an ideal time to jump in to intelligent cloud software stock since it isn't near a proper buy zone, but see if the stock manages to establish and enter a buy zone in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The Calif.-based intelligent cloud software firm showed 33% earnings growth in its most recent report. Sales gains came in at 16%.
Five9 stock earns the No. 7 rank among its peers in the Computer Software-Enterprise industry group. Datadog and ServiceNow are also among the group's highest-rated stocks.
