The Relative Strength (RS) Rating for SentinelOne stock jumped into a new percentile Monday, as it got a lift from 67 to 79.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's unique RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they begin their biggest climbs. See if SentinelOne stock can continue to show renewed price strength and clear that threshold.
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Is SentinelOne Stock A Buy?
While SentinelOne stock is not near an ideal buy zone right now, see if the cybersecurity stock manages to form and break out of a proper chart pattern. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The cybersecurity company posted 0% earnings growth last quarter. Revenue increased 46%.
SentinelOne stock earns the No. 15 rank among its peers in the Computer Software-Security industry group. Palo Alto Networks and Qualys are also among the group's highest-rated stocks.