One important metric to look for in a stock is an 80 or higher Relative Strength Rating. A10 Networks stock cleared that benchmark Friday, with a jump from 78 to 83 Friday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Looking For Winning Stocks? Try This Simple Routine
Is A10 Networks Stock A Buy?
A10 Networks stock retook its 50- and 200-day moving averages on Friday. It' currently out of buy range but keep this stock on your watch list. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The computer software firm showed 11% EPS growth in the latest quarterly report, while sales growth came in at 13%.
A10 Networks stock earns the No. 16 rank among its peers in the Computer Software-Enterprise industry group. Egain and Datadog Inc Cl A are also among the group's highest-rated stocks.
