Credit: Shutterstock photoOn Monday, Everbridge ( EVBG ) earned a positive adjustment to its Relative Strength ( RS ) Rating , from 88 to 91.
[ibd-display-video id=2102289 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves.
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Everbridge has moved more than 5% past a 26.97 entry in a second-stage cup without handle , meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
In terms of fundamentals, the company has posted rising EPS growth over the last two quarters. Top line growth has also increased over the same time frame.
Everbridge holds the No. 25 rank among its peers in the Computer Software-Enterprise industry group. Ebix ( EBIX ), Salesforce.com ( CRM ) and LogMeIn ( LOGM ) are among the top 5 highly rated stocks within the group.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
