On Tuesday, Samsara earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 71.
This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest price moves. See if Samsara can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a consolidation and break out.
While the company's top line growth fell last quarter from 36% to 25%, EPS grew 175%, up from 75% in the prior report.
The company earns the No. 23 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Shopify Cl A and Freshworks Cl A 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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