The Relative Strength (RS) Rating for Zoom Video Communications stock moved into a higher percentile Thursday, as it got a lift from 63 to 74.
IBD's proprietary rating identifies 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 compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their largest runs. See if Zoom Video Communications stock can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Is Zoom Video Communications Stock A Buy?
Zoom Video Communications stock is trying to complete a cup with handle with a 72.36 entry. See if the tech stock can clear the breakout price in heavy trading.
The video communications software company showed 4% earnings growth last quarter, while sales growth came in at 2%.
Zoom Video Communications stock earns the No. 19 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Manhattan Associates and ServiceNow are among the top 5 highly rated stocks within the group.
