The Relative Strength (RS) Rating for Procore Technologies stock moved into a higher percentile Tuesday, as it got a lift from 65 to 72.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Procore Technologies can continue to show renewed price strength and clear that threshold.
Can You Really Time The Stock Market?
Is Procore Technologies Stock A Buy?
Procore Technologies stock is currently trading below its 200-day moving average. While the computer enterprise software stock is not near a proper entry right now, see if it is able to form and break out from a proper chart pattern.
The cloud-based construction management software firm showed 167% EPS growth in the latest quarterly report, while sales growth came in at 19%.
Procore Technologies stock earns the No. 19 rank among its peers in the Computer Software-Enterprise industry group. monday.com, ServiceNow and Palantir Technologies are among the top 5 highly rated stocks within the group.
