The Relative Strength (RS) Rating for Zoom Communications entered a new percentile Tuesday, with a rise from 79 to 82.
This exclusive rating from Investor's Business Daily 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 compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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Zoom Communications is trying to complete a consolidation with a 92.80 buy point. See if the stock can break out in volume at least 40% higher than normal.
Zoom Communications posted -1% EPS growth in the latest quarterly report, while sales growth came in at 3%.
Zoom Communications earns the No. 20 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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