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Best Relative Performance in the Internet Software & Services Industry Detected in Shares of Etsy Inc (ETSY , ANGI , EBAY , TWTR , TWLO )

By Nick Russo

We looked at the Internet Software & Services industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Etsy Inc (NASDAQ:ETSY ) ranks first with a gain of 2.80%; Angie'S List Inc (NASDAQ:ANGI ) ranks second with a gain of 2.52%; and Ebay Inc (NASDAQ:EBAY ) ranks third with a gain of 2.08%.

Twitter Inc (NYSE:TWTR ) follows with a gain of 1.70% and Twilio Inc - A (NYSE:TWLO ) rounds out the top five with a gain of 1.54%.

SmarTrend recommended that its subscribers protect gains by selling shares of Twitter Inc on October 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $39.69. Since that call, shares of Twitter Inc have fallen 24.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance etsy inc angie's list inc ebay inc twitter inc twilio inc - a