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Crowdstrike Stock Nears A Buypoint, RS Rating Is Upgraded

The Relative Strength (RS) Rating for Crowdstrike Holdings (CRWD) climbed into a new percentile Thursday, with an increase from 78 to 87. Decades of market research shows that the market’s biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if Crowdstrike stock can make such a move on the upgrade.




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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 RS Rating identifies market leadership by showing how a stock’s price action over the last 52 weeks measures up against that of the other stocks in our database.

Sunnyvale, Calif., based Crowdstrike Holdings is a leader in cybersecurity software. Crowdstrike stock has been on the rise thanks to the announcement of new products and partnerships with Alphabet’s (GOOGL) Google Cloud, ServiceNow (NOW) and others.


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Crowdstrike Stock Builds A Base

Crowdstrike’s stock is trying to complete a cup without handle with a 289.34 buy point. See if the stock can break out in volume at least 40% above average. It’s a later-stage pattern, so investors should be aware that those involve more risk.

Crowdstrike Holdings showed 267% earnings growth in its most recent report. Revenue gains came in at 70%.

Crowdstrike stock holds the No. 5 rank among its peers in the Computer Software-Security industry group. Mimecast (MIME) and Palo Alto Networks (PANW) are also among the group’s highest-rated stocks.

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