Workiva Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 68 to 71.
IBD's proprietary rating identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks typically have an RS Rating of at least 80 as they begin their largest climbs. See if Workiva Cl A can continue to show renewed price strength and clear that threshold.
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While Workiva Cl A is not near an ideal buy zone right now, see if it is able to form and break out from a proper base.
Earnings grew 3% last quarter, up from 0% in the prior report. Revenue also increased, from 17% to 20%.
Workiva Cl A earns the No. 7 rank among its peers in the Computer Software-Database industry group. Commvault Systems, Progress Software and Elastic 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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