One important metric to look for in a stock is an 80 or higher Relative Strength Rating. SentinelOne stock just hit that mark, with a jump from 77 to 84 Tuesday.
IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an 80 or better RS Rating as they begin their biggest price moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
Is SentinelOne Stock A Buy?
The IBD 50 stock is now considered extended and out of buy range after clearing a 21.95 buy point in a first-stage consolidation. See if the cybersecurity stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The cybersecurity company showed 0% EPS growth last quarter. Sales increased 40%.
SentinelOne stock holds the No. 10 rank among its peers in the Computer Software-Security industry group. CyberArk Software, OneSpan and Palo Alto Networks are among the top 5 highly rated stocks within the group.
