GitLab Cl A had its Relative Strength (RS) Rating upgraded from 80 to 89 Wednesday.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest runs.
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GitLab Cl A is trying to complete a cup without handle with a 73.50 entry. See if it can clear the breakout price in volume at least 40% above average.
The company showed 156% EPS growth last quarter. Revenue rose 31%.
The company holds the No. 1 rank among its peers in the Computer-Technical Services industry group. LiveRamp Holdings and Dave are also among the group's highest-rated stocks.
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