F5 had its Relative Strength (RS) Rating upgraded from 90 to 93 Thursday.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against all other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating of at least 80 as they launch their biggest climbs.
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F5 is now considered extended and out of buy range after clearing a 205.92 buy point in a first-stage flat base. 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 moving average.
In terms of fundamental health, F5 has posted rising EPS growth in each of the last two reports. Sales growth has also moved higher during the same period.
The company holds the No. 4 rank among its peers in the Internet-Networking Solutions industry group. Credo Tech Group is the No. 1-ranked stock within the group.
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