SentinelOne saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an increase from 78 to 81.
This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of other stocks on the major indexes.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 in the early stages of their moves.
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While SentinelOne is not near an ideal buy point right now, see if it manages to form and break out from a proper consolidation.
SentinelOne showed 0% earnings growth in the latest quarterly report. Sales gains came in at 33%. The company is expected to report its latest results on or around Dec. 4.
SentinelOne holds the No. 8 rank among its peers in the Computer Software-Security industry group. Fortinet, CrowdStrike Holdings and CyberArk Software are among the top 5 highly rated stocks within the group.
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