monday.com had its Relative Strength (RS) Rating upgraded from 80 to 86 Monday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest climbs.
Hone Your Stock-Picking Skills By Focusing On These Factors
monday.com is not currently offering a proper buying opportunity. See if the stock goes on to build a sound pattern that could launch a new move.
Earnings growth increased last quarter from 48% to 336%. But sales fell from 35% to 34%.
The company earns the No. 6 rank among its peers in the Computer Software-Enterprise industry group. Magnite, Palantir Technologies and ServiceNow are among the top 5 highly rated stocks within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
