Fiverr International saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 68 to 75.
This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves. See if Fiverr International can continue to rebound and hit that benchmark.
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Fiverr International has climbed more than 5% past a 26.71 entry in a first-stage double bottom, meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
While earnings growth fell last quarter from 18% to 16%, the top line grew 8%, up from 6% in the previous report.
Fiverr International holds the No. 2 rank among its peers in the Retail-Internet industry group. Fiverr International is the top-ranked stock within the group.
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