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Crowdstrike Holdings Stock Getting Closer To Key Technical Measure

The Relative Strength (RS) Rating for Crowdstrike Holdings (CRWD) entered a higher percentile Tuesday, as it got a lift from 63 to 79.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s proprietary rating identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price movement over the trailing 52 weeks holds up against all the other stocks in our database.

History reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if Crowdstrike Holdings can continue to rebound and hit that benchmark.


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While it’s not currently an ideal time to jump in, see if the stock manages to form a consolidation and break out.

Crowdstrike Holdings showed 131% EPS growth in the latest quarterly report, while sales growth came in at 63%.

The company holds the No. 5 rank among its peers in the Computer Software-Security industry group. Hireright Holdings Corp (HRT) and Fortinet (FTNT) are also among the group’s highest-rated stocks.

 

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