Freshworks Stock Shows Rising Relative Strength, Not Yet At Benchmark

Freshworks (FRSH), a stock in the Freshworks Group, has seen its Relative strength (RS) rating upgraded from 66 up to 72.

Relative price strength is a factor to consider when deciding which stocks to purchase and monitor.

Investor's Business Daily has developed an exclusive score that tracks the price performance from 1 (worst to 99 (best). The rating compares a stock's performance over the past 52 weeks to other stocks in the database.

Market research over the past decade has shown that the most successful stocks have an RS Rating of at least 80 when they are first moving. Check if Freshworks can continue to recover and reach that benchmark.

Freshworks has a buy point of 18.24. Check if the volume can reach at least 40% more than normal to clear the breakout price.

Freshworks' stock posted 0.03 EPS in the last quarter. This is the second consecutive quarter of positive earnings. Revenue grew by 20%.

Freshworks is ranked No. 21 among its peers in the Computer Software-Enterprise industry group. Freshworks is ranked 21st among its peers within the Computer Software-Enterprise group. Dynatrace (DT), and Manhattan Associates, (MANH), are also amongst the highest-rated stocks in this group.