The Relative Strength (RS) Rating for CrowdStrike Holdings climbed into a new percentile Thursday, with a rise from 80 to 84.
IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best-performing stocks typically have an 80 or higher RS Rating as they launch their biggest price moves.
Looking For The Best Stocks To Buy And Watch? Start Here
While CrowdStrike Holdings is not near a proper entry right now, see if it goes on to form and break out of a proper consolidation.
The company reported 8% earnings growth last quarter, while sales growth came in at 25%.
CrowdStrike Holdings earns the No. 5 rank among its peers in the Computer Software-Security industry group. Fortinet is the top-ranked stock 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
