On Monday, JFrog got a positive adjustment to its Relative Strength (RS) Rating, from 68 to 76.
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.
History reveals that the best stocks typically have an RS Rating of above 80 in the early stages of their moves. See if JFrog can continue to show renewed price strength and hit that benchmark.
Can You Really Time The Stock Market?
JFrog is not currently showing a potential buy point. See if the stock goes on to build a base that could ignite a new run.
JFrog showed 0% earnings growth in the latest quarterly report. Revenue rose 19%.
The company earns the No. 39 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, DocuSign and Paycom Software are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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