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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

IBD Rating Upgrades: Fastly Cl A Flashes Improved Relative Price Strength

The Relative Strength (RS) Rating for Fastly Cl A jumped into a higher percentile Wednesday, as it got a lift from 61 to 78.

This unique rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if Fastly Cl A can continue to show renewed price strength and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

Fastly Cl A is trying to complete a cup without handle with a 12.08 buy point. See if the stock can break out in volume at least 40% above average.

The company posted 0% EPS growth last quarter. Sales gains came in at 7%. Keep an eye out for the company's next round of numbers on or around Feb. 12.

Fastly Cl A holds the No. 78 rank among its peers in the Computer Software-Enterprise industry group. Enfusion, Samsara and Klaviyo are among the top 5 highly rated stocks within the group.

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