Wix.com stock had its Relative Strength (RS) Rating upgraded from 88 to 91 Friday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they begin their largest runs.
Looking For The Best Stocks To Buy And Watch? Start Here
Is Wix.com Stock A Buy?
Wix.com stock is building a consolidation with a 178.65 entry. See if the tech stock can clear the breakout price in volume at least 40% above average. Be aware that it's a third-stage base. Such patterns do sometimes lead to significant gains, but, statistically, they're more likely to fail than earlier-stage consolidations.
The cloud-based web development company posted 33% earnings growth in its most recent report, while sales growth came in at 12%. Look for the next report on or around Nov. 7.
Wix.com stock holds the No. 29 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Smartsheet and Samsara are among the top 5 highly rated stocks within the group.
