Zeta Global Holdings saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 86 to 91.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of over 80 as they launch their biggest climbs.
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Zeta Global Holdings has moved more than 5% past an 18.58 entry in a second-stage consolidation, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
The company reported 0% earnings growth in its most recent report, while sales growth came in at 42%. The company is expected to report its latest performance numbers on or around Feb. 25.
The company holds the No. 7 rank among its peers in the Computer Software-Database industry group. Commvault Systems, Oracle and Box Cl A are among the top 5 highly rated stocks within the group.
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