Confluent Sees RS Rating Rise To 75

Blockhead
2024-11-12

The Relative Strength (RS) Rating for Confluent (CFLT) moved up into a higher percentile Tuesday, as it got a lift from 69 to 75.

X
How To Trade Options: Choosing The Right Strategy For Best Results
See All Videos
NOW PLAYING How To Trade Options: Choosing The Right Strategy For Best Results

This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the best stocks typically have an RS Rating of at least 80 in the early stages of their moves. See if Confluent can continue to show renewed price strength and hit that benchmark.


How To Invest In Stocks In Both Bull And Bear Markets


Confluent is not currently near a potential buy zone. See if the stock goes on to form a chart pattern that could spark a new run.

Earnings growth decreased in the most recent quarter from 500% to 400%. But revenue moved higher, from 24% to 25%.

Confluent earns the No. 2 rank among its peers in the Computer Software-Database industry group. Commvault Systems (CVLT) is the No. 1-ranked stock within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

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!

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10