Workday had its Relative Strength (RS) Rating upgraded from 69 to 72 Wednesday — a welcome improvement, but still below the 80 or higher score you look for.
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 holds up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an 80 or higher RS Rating as they launch their biggest price moves. See if Workday can continue to show renewed price strength and hit that benchmark.
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The IBD Big Cap 20 stock is working on a cup without handle with a 311.28 entry. See if it can break out in volume at least 40% above average.
The company posted 21% earnings growth in its most recent report. Sales gains came in at 16%.
Workday holds the No. 10 rank among its peers in the Computer Software-Enterprise industry group. Datadog, Enfusion and Klaviyo are among the top 5 highly rated stocks within the group.
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