Phunware saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 89 to 95.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 at the beginning of a new price run.
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Phunware is not currently near a potential buying area. See if the stock goes on to build a sound pattern that could launch a new move.
Phunware showed 0% earnings growth in the latest quarterly report, while sales growth came in at -22%. The next quarterly numbers are expected on or around Nov. 7.
The company earns the No. 23 rank among its peers in the Computer-Technical Services industry group. GigaCloud Technology, CACI International Cl A and Globant are among the top 5 highly rated stocks within the group.
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