Twilio saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 67 to 76. In this challenging market it has continued to move higher, and even today it is essentially flat as of this update.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matched up against all other stocks.
Decades of market research shows that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves. See if Twilio Cl A can continue to show renewed price strength and clear that threshold.
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Twilio Cl A is trying to complete a consolidation pattern with a 71.24 entry. on a daily chart, or a cup with handle on a MarketSmith weekly chart. See if the stock can clear the breakout price in volume at least 40% above average.
TWLO Earnings.
Twilio showed 0% earnings growth last quarter, while sales growth came in at 10%.
Twilio earns the No. 28 rank among its peers in the Computer Software-Enterprise industry group. ServiceNow and Workday are also among the group's highest-rated stocks.
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